I tried out a pair of Google Glasses yesterday when visiting Yahoo Finance in NYC.
My head almost exploded. The lights, the data, the ladies….through it all, one number stood out…999.314159 26535 89793 23846 26433 83279 50288 41971 69399 37510 58209 74944 59230 78164 06286 20899 86280 34825 34211 70679…
The glasses were speaking to me. They must know I like stocks and Google. It was obvious quite quickly….the glasses were delivering me a stock prediction.
Immediately I buzzed Aaron Task at Yahoo Finance to let me on TechTicker. He obliged.
Sure enough, Sanford (& Sons) & Bernstein must have got the glasses first and slapped a ‘Weezee, this is the BIG one’ $1,000 price traget on Google (those bankers like rounding up).
Luckily for me, they did not include the exact date, time and weather for the $1,000 crossing (which of course will never happen as it peaks at $99 and Pi).
I can’t figure out how to embed the video…so here is the link. I dive deep into the reasons $GOOG could keep rising and also a reminder not to chase. I treat $GOOG as a tech ETF at the moment. It’s mobile, ads, global, engineering heavy, heavy software, hardware, connectedness and purer and more liquid than any tech ETF you could buy off the shelf.