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Re: profit taking??

xtreme2...@yahoo.com

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.