Tuesday, February 22, 2005

Google

Google (GOOG) is worth $52 billion??? It's trading at 133x earnings. Absurd!!! Apparently we learned absolutely nothing from the dot-com bust. We seem to be cruisin' for another bruisin'.

1 comment:

  1. IPO = 95.96, Stock value as of this posting = 216.80

    God, I wish I had gotten in on the ground floor for this.

    From FT.com

    "Google shares on Friday leapt by 7 per cent on Friday after reporting blow-out quarterly earnings for the third time since becoming a public company last year, powered by the continuing boom in advertising linked to search engine results."

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