Thread: Google
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Old 08-14-2005, 12:22 AM
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Default Re: Google

To justify its current price, Google would have to make a hefty sum more than the current highest earning company in the world. It would have to increase its earnings at unprecedented levels, and keep coming up with new ways to make huge sums of money. The amount of money that google needs to make to justify its current price is just rediculously astounding.

You want a reason not to invest in google? Look at the hundreds of stocks in 2000 that just got killed after people realized the earnings potential was just not there. Warren Buffet has a popular phrase that applies here "whenever you hear 'this time, its different,' RUN AWAY FROM THAT INVESTMENT AS FAST AS YOU CAN." This is what they are saying about google, that this time its different and this is not like all the other tech stocks. This is like betting 40 times the pot on the chances of you getting runner-runner straight flush against 4 of a kind. Its rediculously -ev
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