Is Google Headed to $1,000?

Google (GOOG) first passed the $400 milestone on November 17, 2005. That is a four fold increase from its closing price on its first date of trading on August 19, 2004. So where is the stock headed from here? Assuming Google's earnings are for real and it can continue to grow them, a ten fold increase would put the stock over $1,000.

Many fast-growing companies (Microsoft and Wal-Mart for example) have been ten baggers and more so Google's upside to such levels would not be unique. During the 1990's many technology, telecommunications and drug stocks saw ten fold plus gains in just a few years.

Of course, if Google were to stumble for whatever reason, the stock could be cut in half in just a few days.