Indicators show that google has the possibility of hitting the seven hundred dollar mark. Especially since google is planning on using mini commercial-clips on all youtube videos, to propel their advertising revenues.

Google doesn't make fancy gizmos, so investors don't get it the way they get Apple and Rimm.  "Owning the Internet" is a hard concept to get your mind around.  Maybe if they had spelled their name right, more people would understand where they are heading.

well. ROI per share is not incentive to invest compared to other yeilds. longevity on technology that makes news is not protocoal, can erode comparative values as soon other companies get into it.

need one good rational reason to buy other than gambling

We all thought that AOL was the gospel truth when Steve Case was running a mile a min, look at it today........Google is a great company, great idea's and a great future - but there are always another alligator around the turn ahead! We will see something else, somewhere in the future that will be the “dog-fight” that we will all come to see.

Reality check Google pays no dividend and even with earnings of $11.77 a share it will take 50 years to pay back it's lofty $600 a year price if those earnings were paid out as dividends which they are not.

You do understand that Google is only a means mutual fund managers are using to show high yields on their funds when those funds are in reality losing money. When the baby boomers start taking out their hard earned money over the next 15 years the stock market is going to fall and google will probably be worth a couple of dollars if it is still around.

Dividend & Yield NA

Earnings/Share 11.77

Forward P/E 45.10

Market Cap. 185.42 Bil

P/E 50.50

Return on Equity 22.36

Total Shares Out. 312.14 Mil

i wouldn't mine geting in on this money maker but to go too far head your self.

sure their shear are growing but the fact is all internet company is doing well this year so far.google is just a head of the pack for now,and that is good new.

they just need to keep coming up with way that will improve there site to be more people friendly and useable.

Google is the Walmart of the Internet...

For the time being, Google serves its purpose. People are happy with its service and use it more than possibly anything else on the market. It may very well hit that $1000.00 mark, but like all good things, it too will meet its end. Every empire eventually dies, and usually it's from within.  

How/where can i buy some?

Blodget is right but may be conservative.  I own GOOG, and while there will be challenges ahead for it, for the foreseeable future it is the 800 lb. gorilla in the ever expanding on-line world economy, and I see it trading at $3,000 in the medium range future.  No one, probably not even Buffet himself would have thought 30 years ago that Berkshire Hathaway would be trading above $120,000 today, but it is, based on a revenue model of sugar water, old fashioned risk management and an assortment of industries gleamed from the Oracle.  GOOG is based on extracting revenue from the intellectual and interactive activity of the economy, a much more fertile province of human endeavors.  I may be conservative too, and in the very long term, GOOG may trade at $30,000, or $300,000.  If so, I'm all in please...