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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: David Bogdanoff who wrote (21736)7/21/2005 1:38:12 PM
From: bruwin  Read Replies (1) | Respond to of 78683
 
I can certainly recall watching CNBC, in the last month or two, with Mr. Cramer encouraging investors to buy into GOOG, because the "sky was the limit". Well, in my opinion, Value Investors have a time horizon in excess of several weeks. It will be interesting to see whether GOOG can sustain a P/E ratio in excess of 100 for any extended period of time.



To: David Bogdanoff who wrote (21736)7/22/2005 5:02:40 AM
From: bruwin  Respond to of 78683
 
Further to my previous reply, it's interesting to see that Google closed at $313.94 but dropped by 5.7% in after hours trade to $295.99.