Google Stock Price Rises Above $500

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{"commentId":391012,"authorDomain":"titan124"}

As an economic analyst in 1929 once said (and I'm paraphrasing) 'the boom of the stock market is unprecedented and will likely never end'

{"commentId":391012,"threadId":"56243","contentId":"451215","authorDomain":"titan124"}
    Reply#1 - Tue Nov 21, 2006 2:47 PM EST
    {"commentId":391138,"authorDomain":"cybernetic"}

    I don't understand how Google's stock can be valued so highly. The company has only one major revenue stream and is spreading itself too thinly by introducing a flurry of new services every month. The P/E ratio is over 60, and this should be a red flag to those investing so heavily in Google, since it usually indicates too much optimism (relative to competitors such as Yahoo!)

    {"commentId":391138,"threadId":"56243","contentId":"451215","authorDomain":"cybernetic"}
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    Reply#2 - Tue Nov 21, 2006 3:47 PM EST
    {"commentId":391266,"authorDomain":"rolandrs"}

    because of anticipation that the shares will continue to increase in value ... in anticipation of the growth of google continuing at the amazing rate it is atm.
    at the bottom of it all is a bet that one day google will be earning as much as microsoft. :-)

    {"commentId":391266,"threadId":"56243","contentId":"451215","authorDomain":"rolandrs"}
      #2.1 - Tue Nov 21, 2006 4:46 PM EST
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