--- In [email protected], new.morning <[EMAIL PROTECTED]> 
wrote:
>
> --- In [email protected], "jim_flanegin" <jflanegi@> 
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/
>
Do you own any Google stock?




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