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June 28, 2005
Time to think about a Google stock split?
Posted by Dominic Basulto
Shares of Google broke through the $300 barrier yesterday. It's been quite a ride at Google -- in the 10 months since the company went public in a blow-out-the-doors IPO, the stock price has skyrocketed, from $85 to $300. With that in mind, The Motley Fool considers a Google stock split to bring the company's stock price "down to more conventional tech stock pricing."
It's hard to get a true handle on Google's valuation, but plenty of Wall Street analysts say that Google is still "cheap" at $300. In fact, James J. Cramer of TheStreet.com says that Google is even "cheap" at $350.
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