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May 23, 2007

Amazon $400!

Amazon_tab_logooffYes, yes, I know, it took 7 years to get back there again (split-adjusted $67).  Better late than never?

Posted by Henry Blodget on May 23, 2007 at 09:54 AM |

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Payback!!

Congrats.

Posted by: Rick Stratton | May 23, 2007 at 10:23 AM

You probably have somewhat farther to go once you include interest you didn't earn in the meantime - time value of money. At just 3% per year for seven years, that's a ~23% increase to $491.95 to compensate for forgone interest. Good luck as long as it doesn't harm GOOG.

Posted by: CashForFlow | May 23, 2007 at 11:46 AM

Don't forget to tax that interest!

Posted by: Henry Blodget | May 23, 2007 at 01:04 PM

The more interesting thing is inflation, not interest. That $67 of yours buys quite a bit less today than it did in 2000. That's why these Dow "records" are overstated

http://www.financialsense.com/fsu/editorials/schiff/2007/0427.html

Posted by: Victor | May 23, 2007 at 01:53 PM

Smart observation and very true.

Posted by: Henry Blodget | May 23, 2007 at 02:18 PM

you're back! --now we just need your call on oil prices! ---Patrick Kerr Oil Gas Futures

Posted by: Oil Prices | May 23, 2007 at 11:21 PM

Care to make a similar forecast on Google in 5 years?

Thank you

Posted by: bankelele | May 24, 2007 at 09:28 AM

goog in 5 years? down 70% less then it is today. overvalued now unless it can beat microsoft at office and apps...doubtful.

Posted by: googooed | July 07, 2007 at 02:59 AM

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