Move over Haliburton, here comes Google.

Discussion in 'Current Events' started by obeygiant, Feb 14, 2007.

  1. obeygiant macrumors 68040

    obeygiant

    Joined:
    Jan 14, 2002
    Location:
    totally cool
    #1
    http://www.bloggingstocks.com/2007/02/13/google-brains-braun-and-stones/

    If this happens you can bet the farm Google stock will skyrocket.
     
  2. Swarmlord macrumors 6502a

    Swarmlord

    Joined:
    Sep 18, 2006
    #2
    What's the P/E ratio of Google though? Last I read the company was overpriced compared to current and future earnings.
     
  3. CorvusCamenarum macrumors 65816

    CorvusCamenarum

    Joined:
    Dec 16, 2004
    Location:
    Birmingham, AL
    #3
    46.86

    I think overpriced is an understatement.
     
  4. WildCowboy Administrator/Editor

    WildCowboy

    Staff Member

    Joined:
    Jan 20, 2005
    #4
    But a forward P/E of 25 and a PEG of 0.98 indicate that it's not really overpriced when their growth rate is taken into account.
     
  5. tutubibi macrumors 6502a

    tutubibi

    Joined:
    Sep 18, 2003
    Location:
    localhost
    #5
    Any company that does not pay dividends is overpriced :)
     
  6. hayduke macrumors 65816

    hayduke

    Joined:
    Mar 8, 2005
    Location:
    is a state of mind.
    #6
    There are lucrative contracts to be had with the government. 300e6 people pay a LOT of taxes and those taxes get spent!

    Google is overpriced...why?...I can't afford a SINGLE share!!!
     

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