raghu wrote: > I don't know. I thought Google was over-valued when it went public and > I was proved completely, totally 100% wrong on that, so who knows? > > It is a risky bet, to be sure, but have you seen how college students > use Facebook?
How many used AOL 12 years ago? Anyway, isn't it (expected) growth of a company's business and profits that justify a high stock price? How many new customers can there be? More importantly, aren't there limits to new advertising revenues? -- Jim Devine / "When truth is nothing but the truth, it's unnatural, it's an abstraction that resembles nothing in the real world. In nature there are always so many other irrelevant things mixed up with the essential truth." -- Aldous Huxley _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
