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Google after the bell for 8-17-06: Birthday party coming up for Google

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Google shares closed down a bit today again to end the trading day at $385.80, a decline of $1.92 or 0.50% from Wednesday's close. With Google about to celebrate its second birthday as a public company this weekend, I posted some musings on this very subject here today.

After looking at all the accomplishments Google has made in those two years -- and where it stacks up financially against the competition -- Google is one strange and beautiful breed, that is for certain. But, is GOOG valued appropriately at over $380 per share?

Google appears to be joining into partnerships with some very powerful friends in this day and age, and is even striking a pact with CDC Corp., the Chinese online company.

Looks like the tentacles that are Google are multiplying and infiltrating all kinds of areas -- and this is a good thing for Google. Just how far it can go, though, is still a mystery.

Brian White has worked in various executive positions in technology and telecommunications and now focuses on editing and writing.

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Last updated: November 27, 2009: 04:17 AM

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