FC is talking about buying and holding for years and years...for intrinsic value. Man, I'm just simply talking about MAKING $$$$. Isn't that what the stock market is all about, isn't it why people invest? Return on Investment, buy low, sell high???????
Just to look at GOOG against its sub industry peers (sub industry is pretty granular)
sales /share Gross income/share EBIT/sh EPS Book Value/sh
Yahoo 3.54 2.32 n/a 1.28 5.78
Verisign 6.08 4.49 0.94 0.53 8.32
EBAY 3.27 2.86 1.11 0.78 6.92
Earthlink 9.22 6.79 n/a 1.02 3.99
GOOG 21.03 13.23 7.34 5.02 32.14
CMGI 2.21 0.27 0.02 0.06 n/a
GOOG is head and shoulders above its peers
Oh, BTW, the Forward P/E is only 46, 1/2 of the current P/E at the current $404 price. Not to bad. The median price target is $483.
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