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Google Shares Top $500 for 1st Time
Brietbart ^ | November 21, 2006 | MICHAEL LIEDTKE

Posted on 11/21/2006 9:34:35 AM PST by ritewingwarrior

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We need to institute a Windfall Profits Tax on Google for doing so well. They should spread their wealth around to poor people who don't deserve it.

Dam that sounds like a great idea. They could do that for all businesses that do well.

1 posted on 11/21/2006 9:34:36 AM PST by ritewingwarrior
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To: ritewingwarrior

Holy overpriced stock batman


2 posted on 11/21/2006 9:40:42 AM PST by SDGOP
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To: ShadowAce

tech ping?


3 posted on 11/21/2006 9:41:57 AM PST by rzeznikj at stout (Boldly Going Nowhere...)
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To: ritewingwarrior

OK. I'm clueless here. How does Google generate income?


4 posted on 11/21/2006 9:42:12 AM PST by don-o (Proudly posting without reading the thread since 1998. (stolen from one cool dude))
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To: SDGOP

Where's the time machine, Robin?


5 posted on 11/21/2006 9:42:36 AM PST by BulletBobCo
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To: don-o
OK. I'm clueless here. How does Google generate income?

Dang don-o, that was gonna be my question!

6 posted on 11/21/2006 9:44:00 AM PST by houeto (Imagine the USA with a conservative MSM!)
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To: don-o

Advertising and search engine placement. So far as I know.


7 posted on 11/21/2006 9:44:15 AM PST by MaxMax (God Bless America)
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To: ritewingwarrior

Google is confiscating the classified ad business from the MSM, for one thing.

But I must say, I think a market cap of $154 billion is a little over the top.


8 posted on 11/21/2006 9:47:57 AM PST by Cicero (Marcus Tullius)
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To: don-o
How does Google generate income?

Primarily from their AdWords pay-per-click advertising.

9 posted on 11/21/2006 9:48:07 AM PST by ecurbh (Rudy in 2008)
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To: ecurbh

It was overbought at $80.....

who says you can't relive the past....and if it crashes as it will someday..they will interview single moms who lost it all....pity the idiot


10 posted on 11/21/2006 9:50:56 AM PST by Youngman442002
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To: ritewingwarrior

seems the joke going around about Google today is to search for :
" French Military Victories " and then hit " I'm Feeling Lucky "


11 posted on 11/21/2006 9:51:25 AM PST by TracyTucson (Teachers : Overpaid and Underworked........ Eliminate > ADA, EOE, NLRB, SS, DOE)
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To: don-o

Advertising. They also have a loss leader for enterprise search.


12 posted on 11/21/2006 9:54:04 AM PST by Doohickey (I am not unappeasable. YOU are just too easily appeased.)
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To: Cicero; SDGOP

37x 2007 earnings. Believe its around 22x 2008 earnings. They continued to pound their earning estimates so I don't think it is THAT overpriced although I do think the stock won't do much for the next couple of years. If it tops its estimates the way it has every quarter but once since going public, it should be at around 15-16x '08 earnings and possibly 10-12x '09 earnings. The earnings growth of google continues to far exceed that of any other company, especially for one of its size.


13 posted on 11/21/2006 9:56:45 AM PST by rb22982
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To: Youngman442002

If the stock's share price was $80/share ("overbought") it would be at 10x EPS and around 6x next year's EPS which is about 1/2 and 1/3 of companies like Proctor & Gamble and far below historical averages--especially for a company still enjoying 50+% earnings growth each year and destroying quarterly estimates 9/10 quarters since going public. $80/share for google at this point would be the deal of the century. Do you people even check things out before you post?


14 posted on 11/21/2006 9:59:43 AM PST by rb22982
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To: ritewingwarrior
We need to institute a Windfall Profits Tax on Google for doing so well. They should spread their wealth around to poor people who don't deserve it. Dam that sounds like a great idea. They could do that for all businesses that do well.

Hey, and they could build a polical party around that idea. oh... done.

15 posted on 11/21/2006 10:01:51 AM PST by fwdude (LEFT LANE ENDS . . . MERGE RIGHT)
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To: Youngman442002

the easiest way to make money in the stock market is to watch when all the small investors buy into a stock- its value will then plummit- as predictable as a clock.


16 posted on 11/21/2006 10:04:20 AM PST by Mr. K (Some days even my lucky rocketship underpants don't help...)
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To: TracyTucson
seems the joke going around about Google today is to search for : " French Military Victories " and then hit " I'm Feeling Lucky "

ROTFLMAO! No such document!

17 posted on 11/21/2006 10:05:36 AM PST by 6ppc (Call Photo Reuters, that's the name, and away goes truth right down the drain. Photo Reuters!)
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To: 6ppc
LOL, I got "Did you mean French military defeats?"
18 posted on 11/21/2006 10:08:04 AM PST by untenured
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To: rb22982

If they liquidated today, you could use their shares as toilet paper. Thats what it would be worth.


19 posted on 11/21/2006 10:31:37 AM PST by Phlap (REDNECK@LIBARTS.EDU)
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To: ritewingwarrior

I would think sometime in the near future this stock has got to fall to earth. I do not see the value.


20 posted on 11/21/2006 10:38:21 AM PST by Uncle Hal
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