--- In [email protected], "jim_flanegin" <[EMAIL PROTECTED]> wrote: > > --- In [email protected], "shempmcgurk" <shempmcgurk@> > 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
Not true. Current PE is around 40. Forward PE is about 35. (Comared to S&P 500 at P/E of 16) Earnings growth rate is about 70. P/E's tend towards earnings growth rate. (a la PEG). If anything, Goog is under priced currently. > Agreed. Someone please explain to me what the big deal is with Google. See above. Real earnings. (unlike internet bubble days). Extraordinary earnings growth rate. If anything Goog is undervalued based on estimates of next years earnings growth rate. > but it just doesn't add > up to the stock price being what it is...at all. Sure it adds up. See above. What is puzzling you? > Its basically a great > search engine. Its far more. You don't yet get what Google is. They have successfully monetized search. And are expanding search to all realms. click on "more" on google masthead to get a taste of the visible things they are doing. Mnay other projects are not yet seen. http://www.google.com/intl/en/options/ To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/FairfieldLife/join (Yahoo! ID required) <*> To change settings via email: mailto:[EMAIL PROTECTED] mailto:[EMAIL PROTECTED] <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
