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From: xtreme2...@yahoo.com
Date: Fri, 18 Apr 2008 11:59:46 -0700 (PDT)
Local: Fri, Apr 18 2008 2:59 pm
Subject: Re: profit taking??
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. You must Sign in before you can post messages.
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