Have $1500 to blow on stocks...

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Lifer
May 19, 2002
18,106
1
76
ok I wanna go get some google stocks when they go public, should I open a trading account? which one?? etrade??

 

CrazyDe1

Diamond Member
Dec 18, 2001
3,089
0
0
I personally wouldn't buy any stock of a search engine...I'm not sure how profitable they'll be if they're public...

But then again I see all this hype and everyone wanting it so it's going to go up at the beginning...then after that we'll see.
 

Mr N8

Diamond Member
Dec 3, 2001
8,793
0
76
Originally posted by: CrazyDe1
I personally wouldn't buy any stock of a search engine...I'm not sure how profitable they'll be if they're public...

But then again I see all this hype and everyone wanting it so it's going to go up at the beginning...then after that we'll see.


Search engines are where the money is at right now. Companies are paying a lot to be first on all of the serach engines. Google also hosts adds, now, and gets sales % for referal. They are also aquiring internet usage data, which they will be able to do what they will with, whenever they want to.
 

CrazyDe1

Diamond Member
Dec 18, 2001
3,089
0
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Originally posted by: MogulMonster
Originally posted by: CrazyDe1
I personally wouldn't buy any stock of a search engine...I'm not sure how profitable they'll be if they're public...

But then again I see all this hype and everyone wanting it so it's going to go up at the beginning...then after that we'll see.


Search engines are where the money is at right now. Companies are paying a lot to be first on all of the serach engines. Google also hosts adds, now, and gets sales % for referal. They are also aquiring internet usage data, which they will be able to do what they will with, whenever they want to.

Where's their revenue growth at? I'd like to see profits and growth before investing... they're profitable now, but by how much and where is their future revenue going to come from?
 

Alchemist99

Golden Member
Oct 15, 2002
1,172
0
0
If you want to blow your money go to Vegas if want to invest it then develope a plan. Read some books on investing. whats your timeline? are all your debts paid do you own a house? do you want to own a house? have you contributed the max to your IRA?
you obvisouly are new to investing sooo educate yourself first it will save you from blowing $1500 tell ya what go here and check out Bobs recomended reading list and if your serious about investing subscribe to his news letter he's made me lots of money through sound investment advice Text