Posted on 11/21/2006 9:34:35 AM PST by ritewingwarrior
Dam that sounds like a great idea. They could do that for all businesses that do well.
Holy overpriced stock batman
tech ping?
OK. I'm clueless here. How does Google generate income?
Where's the time machine, Robin?
Dang don-o, that was gonna be my question!
Advertising and search engine placement. So far as I know.
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.
Primarily from their AdWords pay-per-click advertising.
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
seems the joke going around about Google today is to search for :
" French Military Victories " and then hit " I'm Feeling Lucky "
Advertising. They also have a loss leader for enterprise search.
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.
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?
Hey, and they could build a polical party around that idea. oh... done.
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.
ROTFLMAO! No such document!
If they liquidated today, you could use their shares as toilet paper. Thats what it would be worth.
I would think sometime in the near future this stock has got to fall to earth. I do not see the value.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.