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October 31, 2007

GOOG stock passes $700 mark, preparing OpenSocial

news, Halloween, developers, finance — by TDavid @ 7:24 am PST

GOOG Stock: Google crosses the $700 markOn Halloween 2007 the Google (disclaimer: I own GOOG stock) juggernaut has pushed past $700 for the first time ($703.93 as of this writing). Tomorrow they will be launching an OpenSocial API at http://code.google.com/apis/opensocial which they hope will provide developers the ability to create applications that will run on multiple social networks.

Except for Facebook and MySpace. Facebook employs their own markup language while Google will use Javascript and HTML, similar to what they did with Google gadgets. If you know Javascript and HTML, you’ll only need to learn what API calls to make. It’s a juicy proposal and one that has my mind clicking and whirring with the possibilities. Looking forward to tomorrow to see and start playing around with the OPenSocial API.

As for the stock price? When will Google slow down? I’m not going to even try to guess, but remain curious what others think. The movement from $600-$700 was fast. Yahoo (YHOO) and Apple (AAPL), two other stocks I own, are also doing well. Gotta love how Q4 has begun and hopefully will forget the misery of Q3.

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