12-10-2007, 07:02 PM
I have been monitoring GOOG since the sub-prime problem happened. It was $506, then and now it's $622 as per yesterday! I just don't understand why people is crazy over Google? According to my crap calculation downloaded from the web. The Intrinsic Value is around USD $218, but the current market price is $622! The PE ratio is 52.87!
Why would an investor willing to pay 52.87 just to get the return of $1? I know and everyone also know that GOOG got a very huge potential grow, but this just scares me shit like the Dot.com bubble again. I think we just cannot judge GOOG in the normal way.
Berkshine Class A shares is USD $125,500.00 is still the king of shares.
Why would an investor willing to pay 52.87 just to get the return of $1? I know and everyone also know that GOOG got a very huge potential grow, but this just scares me shit like the Dot.com bubble again. I think we just cannot judge GOOG in the normal way.
Berkshine Class A shares is USD $125,500.00 is still the king of shares.