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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (17978)8/23/2004 12:02:49 AM
From: ild  Read Replies (3) | Respond to of 110194
 
This Week: August 23, 2004
Google is Probably Worth About $24 a Share
The simple fact is that a security is nothing more than a claim on a future stream of cash flows that will be delivered to investors over time. On charitable growth assumptions, Google's stock price would be roughly $24 a share if it were priced to deliver long-term returns of even 10% to investors.
By John P. Hussman, Ph.D.
hussmanfunds.com



To: ild who wrote (17978)8/23/2004 9:13:30 AM
From: russwinter  Read Replies (2) | Respond to of 110194
 
<Hard to separate investing in gold and USD credit bubble discussions. I invest in gold because of USD credit bubble. Other thread(s) may be better for discussing particular equities. >

My sentiments exactly.



To: ild who wrote (17978)8/23/2004 9:28:56 AM
From: ild  Respond to of 110194
 
Global: The Funding of America

Stephen Roach (New York)

morganstanley.com


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