My statements have nothing to do with me being in college. But it's certainly easy to say that to a college kid isn't it?
I just don't think a company as risky as google (fundamentally risky... not risky as in volatile) can warrant a PE greater than 80. We disagree, tough shit.
If anything, Ur is the one being the more naive one... he cant see past ratios and numbers. But I guess that's how they trade on the Street these days... just remember that 'great companies' (like Enron) can beat analysts estimates and generate beautiful numbers, but if your core business stinks you are doomed to fail.
Edit: oh, and UB if you'll read you'll find that what I've been talking about this whole time is intrinsic value, whereas Ur is talking about the return of the stock. A stock can be in a funk (which I believe google is) and loose touch with its intrinsic value.
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