Wednesday, May 25, 2005

GOOGLE TRIES FOR $300

Is that so?

Or does the mere mention like the call for DOW 35,000 give us contrarian pause?

SMALL investors are the ones bidding the damn thing up!

D
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2 comments:

Anonymous said...

Google is a throwback stock... the same type of stock [large market share,P/E at 100+, questionable long-term business plan, accounting issues (??)] that suckered so many investors until the March 2000 peak and subsequent freefall. The only explanation is the anticipation by new investors that it will be added to the S&P 500 and will then automatically attract permanent institutional attention.

5:50 AM
Marc R said...

thomas, very good points.

D

6:47 AM

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