Friday, March 3rd, 2006, 8:26 am
Google to Become a $100 Billion Company?
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OOGLE has set itself some high goals, characterised by the aspiration to reach gigantic worth. After its initial public offering (IPO) a few years back, Google’s stocks (and thus perceived value) has gone through the roof, almost as though it was still a start-up company.
More recently, Google’s stock suffered two consecutive slams, but stocks recovered yesterday. The initial reactions were probably due to fear, energised by impbalance and slowed growth, as confirmed by Google themselves. Nonetheless, encouraging news continue to flow:
NEW YORK (Reuters) – Web search leader Google Inc. aims to become a $100 billion company and said on Thursday that it plans to put systems in place to help reach that scale during 2006.
