We help IT Professionals succeed at work.
Get Started

GOOG  what causes Google to crash?

472 Views
Last Modified: 2013-12-28
Hi

I am always kicking myself. I interned at Novell at the end of Eric Schmidt's tenure as CEO.

I sat in on meetings with him ( during our R&D project demos )

The biggest mistake of my life was not loading up on GOOG when he just left out of the blue.

I thought, well if he didn't revive Novell to greatness, how could Google be a winner? I didn't realize or know  that Google was a nonstop winner. I didn't see how it made money and it baffled me.

I only understood its strength in earnings after I did my own website with Adsense. I never knew how it made money.
I now know why it is an unstoppable winner, after my own website project's adsense needs.

and why the shares are at $1000 / share

Will it ever crash again?
Is this what happens with Goliath stocks? After being expensive for too long, everyone tries to sell and so it crashes?
I think that's how it crashed all the times before.
I have no doubt it will come back just as strong afterwards.
When it crashes, how low does it go, pennies?

Anything else?
Comment
Watch Question
Top Expert 2013
Commented:
This problem has been solved!
Unlock 3 Answers and 8 Comments.
See Answers
Why Experts Exchange?

Experts Exchange always has the answer, or at the least points me in the correct direction! It is like having another employee that is extremely experienced.

Jim Murphy
Programmer at Smart IT Solutions

When asked, what has been your best career decision?

Deciding to stick with EE.

Mohamed Asif
Technical Department Head

Being involved with EE helped me to grow personally and professionally.

Carl Webster
CTP, Sr Infrastructure Consultant
Ask ANY Question

Connect with Certified Experts to gain insight and support on specific technology challenges including:

  • Troubleshooting
  • Research
  • Professional Opinions
Did You Know?

We've partnered with two important charities to provide clean water and computer science education to those who need it most. READ MORE