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Google investors get another gut check

Started by mathewi · 1 year ago

Those Google guys — they’re a nice bunch, and smart as all get out, but when it comes to dealing with investors they could probably use a few tips. For example, when your stock is selling for more than 80 times earnings, and you have a market value of over $110-bill ... Continue reading »

2 comments

  • I remember Steve Ballmer telling a group of analysts in late 1999 that MSFT was overvalued. They promptly dropped the price of Microsoft and it has been flat as a pool of mercury since. I would hate to see a repeat of the dot-gone bust of early 2000, the US economy doesn't need that right now. IMO, the "Brazil Nut Effect" comes into play here.
  • At least they are finally doing something to manage expectations.

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