Leave it to the guys at Wired. Sort of follows on the theme of recent days, with Google being valued on the stock market at more than all of these old school media corporations. Personally, I don't buy it. Google is a good company, but their current valuation is totally insane and unsustainable. Their PE this morning is 280. What! eBay's current PE is 51, Amazon is 24. Microsoft, which is enormously profitable, pays a dividend, has a competing search service, and has roughly 24 *times* the revenue of Google, only has a PE of 27.
People may say, "Sure, but Google's brand, blah blah blah!" Don't buy it. This pig is headed for a major correction sooner or later. >Saw this in Wired magazine a few minutes ago, thought it was funny: > >"In a few years, you'll be driving your Google to the Google to get more >Google for your Google." > >Ray ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Get the mailserver that powers this list at http://www.houseoffusion.com/banners/view.cfm?bannerid=17 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:155412 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
