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'.
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1 comment:

UnknownVariable said...

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."

12:26 PM

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