And lets not forget that the people who run Google AGREE WITH ME!
The initial IPO was set to 125 I believe, then dropped to less than 100, because they fucked up so badly, the only thing that has changed since then is their stock price. So stocks got up to $400, google was sitting on a huge wad of cash, and what did they do? They sold more stock! $400 was such a good bargain for their stock that google itself took the oportunity for extra cash when they really even didnt need it. Nobody knows google better than google, and when google is cashing in stocks when they dont need cash - something should be signaling that even google thinks the price is too high.
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