--- In [email protected], "shempmcgurk" <[EMAIL PROTECTED]> wrote: > <snip> For example, Google is currently at $480 a share. But there's no > way that their price/earnings ratio both now or in the future can > justify that (unless they keep and on and on and on increasing > profits). But everyone is on the bandwagon because it is such a > great company and such a sexy stock. > > Well, at some point, down is going to be the only direction it can > go in. > Agreed. Someone please explain to me what the big deal is with Google. Yeah, I know about their innovations and the 'genius' culture, and their various stealth development initiatives, but it just doesn't add up to the stock price being what it is...at all. Its basically a great search engine. Everyone from Microsoft to Cisco to Oracle is afraid of these guys...
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