Oprano Adult Industry Forums - View Single Post - stock marker will fall out of bed tomorrow

Robin · 02-01-2006

Yep, the P/E is way high - but that's all priced-in speculation that Google will continue to increase earnings substantially. They were up 80% again last quarter - it just wasn't enough to please the market. But that's good. It's needed a pull back. I just wish the Bears would pull it back a lot more but the Bulls are still quite behind Google. It may rise for a while before the proper correction occurs. At $320 I would buy Google - at $350 - hmmm... maybe - any higher? No.

02-01-2006	#58
Robin Officially Tired of retirement Join Date: Dec 2003 Posts: 296	Re: stock marker will fall out of bed tomorrow Yep, the P/E is way high - but that's all priced-in speculation that Google will continue to increase earnings substantially. They were up 80% again last quarter - it just wasn't enough to please the market. But that's good. It's needed a pull back. I just wish the Bears would pull it back a lot more but the Bulls are still quite behind Google. It may rise for a while before the proper correction occurs. At $320 I would buy Google - at $350 - hmmm... maybe - any higher? No.