Google stock hits an all time high for the Silicon Valley company.
Wednesday October 31, 2007 reported an exciting day for Google Inc.’s stock owners, according to a Marketing Magazine article. Google Inc.’s stock price hit $700 with a market value for the company estimated at $220 billion. If you thought, even for a second, that Google was going anywhere, these numbers will be sure to prove you wrong.
In fact, according to news reports, Google has not hit a peak in their stock price and they are expected to rise in 2008. Google is now officially “Silicon Valley’s most valuable publicly held company” replacing internet network supplier, Cisco Systems Inc.
Google, up to now, has primarily made their fortune with their Pay per Click services and are set to expand their advertising strong hold into print, radio and television.
