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Originally Posted by ur my bitch
The sector has a 32% earnings purity, Google has 100% earnings purity. Google's forward estimates are a $7.94 mean for 2006. At a P/E of $50, that makes it a $397 stock. Historically, GOOG has traded above a $65 P/E
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Anyone see that Google closed at $390.38 today? hmmmmm. Also, saw a biog debate on Google, one analyst said he can see Google at $1,000 in 3 yrs. A bunch had Google as a $500 stock, only one was bullish saying he can't tell because it looks the same to him at $400 as it does at $200