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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (21619)8/3/2004 2:58:09 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
nope. No more than your typical "hot company in a bear market" kind of hype. The sort of thing that made apple hot 25 years ago, but not enough to heat up a bad economy.

We had an article in the local paper, which has a slant to try to put a good face on this crappy economy we have out here, that people were buying houses to cash in on the HUGE amt of wealth forthcoming from the Google IPO.

Get real, Google has maybe 600 local employees, and one 36 billion dollar IPO was happening every 6 mos in the 90s. Maybe companies like juniper weren't coming out of the gate at 36 billion, because the traditional system of IPOs in the 90s was to release at an artificially low price, but by the end of the day they had their valuation. Or within 6 mos anyway. Now THAT is hype. And it went on for a decade, because business was that good.

this economy seems like we are going back down. Oh joy



To: Proud_Infidel who wrote (21619)8/3/2004 3:50:49 PM
From: Logain Ablar  Read Replies (1) | Respond to of 57684
 
Lets see @ 36 Billion its priced @ 12x this years sales or @ $135/share @ 125x current year earnings (assuming it doubles the 1.5B in sales of the 1st 6 months and doubles the 54 cents it earned in the first 6 months).

Now growth wise it is pretty impressive as it exceeded in the 1st 6 months of this year what it grossed and earned in the full 2003.

Of course there is no limit to the on line advertising $$'s so its growth is limitless.