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Technology Stocks : Alphabet Inc. (Google)

GOOGL 320.01

-1.0%

Nov 26 3:59 PM EST

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To: Jill who wrote (6439)	1/22/2006 2:04:20 PM
From: KeepItSimple	Read Replies (2) of 15857

With a cult stock, discussing numbers is akin to counting the number of angels that can dance on the head of a pin- POINTLESS. Do you remember during the dot.com mania when every single analyst on wall street produced thousands of pages of reasonable sounding bullshit that justified why EVERY ONE of those flying pig stocks should be worth even more? Right now Google has a market cap that's equal to half of the entire advertising industry in the US. That's insane. Period. All the analysis of its profits means nothing when you have wiggle room for "future P/E" or Year 2007 Estimate multiples, etc etc. All that matters is that Google is a cult stock, and will trade based on greed and fear and not fundamentals. ------------- Do some # crunching for us and add to the discussion in some concrete ways, eh?

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