Google shares surge target prices on the stock above $500

[scanmonkey]

Shares in Google Inc. surged 9 percent on Friday after the Web search leader's quarterly results beat Wall Street forecasts, prompting several analysts to raise their target prices on the stock above $500.

I feel this is a good thing for the average SEO. It could get nasty if it starts to go the other way.

Any other thoughts on the subject.

[dburdon]

A rise of 9% on the basis of just one piece of information implies speculation. In my opinion the real money has already been made.

[RFA]

of course they make money..... everyone is going PPC..... to drive traffic... counting on SEO only will be absurd when you do business on the internet... and there are only 10 spots on the first result page..... they have a strong business model.. but still $437/share.... is out of reach for most investors... next step... split of the stock price..... then.. boum.... up again ... but should Google miss one target and the drop will be dramatic...

anyway... I don't have Google shares.... and with a P/E trailing of 65 and estimated of 52... wway too high....