Google Becomes World's Biggest Media Company

Since Google has become a publicly traded company, their value has done nothing but increase. Since the first day of trading, Google's stock has continued to increase in price and value. Starting at a rate of current rate of $283.77 (which is actually down from an almost $300 high). Because of this exponential increase, Yahoo.com, is worth $27 billion less than the Mountain View-based search engine. Some fear Google's astronomical rise may have overpriced the company and brings back memories of the aforementioned tech stock days. To bolster this fear, analysts point to the fact that Google totaled $3.2 billion in sales in 2004, as opposed to the $42 billion generated by Time Warner sales. Despite these misgivings, none of the analysts polled by Reuters listed Google's stock as a sell. Chris Richardson is a search engine writer and editor for latest search news.