I would think sometime in the near future this stock has got to fall to earth. I do not see the value.
Put it this way. Would you rather own P&G at 22x earnings for next year with 8% growth rate projected for the next several years or GOOG at 37x next year with 30-40% growth rate projected for the next several years. Google is NOT like the dotcom boom & bust. It IS making TONS of money, and its increasing greatly every single period. You people are not doing your homework.