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Re: profit taking??

littlepoo...@gmail.com

Hehe... You're right, the PE is NOT 169. I was looking at the Market
Cap.. So GOOG is undervalued. Big OOPS on my part. Sorry guys,
hopefully nobody sold anything based on my retarded comment.

xtreme2...@yahoo.com wrote:
> Google doesn't have a PE of 169 that's most likely wrong. The stock
> swooned from the high 700's to low 400's, and even with the move up
> today, hasn't nearly recovered anything at all. But, observe the power
> of short squeezes at its finest. When wall street bears get it so
> wrong and has to pay up, this is the result. Don't doubt the move
> google shows, this one has room to run.

> littlepoo...@gmail.com wrote:
> > Frankly I think it's ridiculous that GOOG jumped 17% on a puny 30%
> > growth. It's all this emotional hype and I think the P/E should be a
> > steady 60. Now it's at a super over-priced P/E of 169... so
> > theoretically, GOOG should have at least 80% growth this year to
> > justify that.