What is Digg?5 Comments
- oOLiquidNightOo, on 10/12/2007, -0/+2i believe that much of what stabilizes google's stock at such a high price is not only what they have going right now (advertising etc) but the anticipation of what they're capable of doing in the future (the startups they've bought, long term strategic plan etc).
- szelij, on 10/12/2007, -0/+1Agreed. Its why the stock is floating on air...mainly hot air. I for one think they're a great company, don't think they're in the mold that will revolutionize the world in the way that the car revolutionized travel.
Of course for all we know they could be the next GE, but i'd prefer to plant my feet on firmer ground. - atdigg, on 10/12/2007, -0/+1Price/Earnings rate (P/E)
Amazon - 44.85
Yahoo - 29.80
Ebay - 38.92
Google - 59.18
Google is the priciest as you can see, people expect higher returns for Google, if the returns will not materialize the price will get a correction sooner or later. - kneu1, on 10/12/2007, -1/+2Earnings per Share (EPS)
Amazon - .37
Yahoo - .54
Ebay - .84
Google - 8.26 - inactive, on 10/12/2007, -1/+1I've always been under the impression that Google is a $80 stock that trades at whatever idiots in the market will bear.
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