John Paczkowski

Recent Posts by John Paczkowski

Google Back at $500 a Share

goog“I’d be very surprised if Google did not hit $500 by the end of the year.” Citigroup analyst Mark Mahaney said that just last week, and as it happens he has already been proven right. Earlier today, Google (GOOG) saw its shares cross the $500 threshold, setting a new 52-week high. Google topped out at $501.99, before slipping back to $498 or so.

Now, $500 a share isn’t in the same stratospheric price range at which Google’s stock once traded–certainly it’s not the $707 and $713 it reached in 2007. But it’s a psychological milestone nonetheless, and that’s worth noting because Google’s shares have risen more than 50 percent over the past six months, and Wall Street seems to be growing increasingly more positive on the stock.

Sadly, the same cannot be said for Yahoo (YHOO), which hasn’t elicited the same sort of response. But then why should it? As Yahoo CEO Carol Bartz said earlier today, “Yahoo and Google are different companies. They are in different businesses….They aren’t us and we aren’t them.”

Clearly. Yahoo shares are trading at what, $16?

Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus