Yes, yes, I know, it took 7 years to get back there again (split-adjusted $67). Better late than never?
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May 23, 2007
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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.
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