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Old 11-26-2007, 09:57 PM
johndenver johndenver is offline
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Join Date: Apr 2007
Posts: 263
Default Re: when to sell GOOG?

IMO goog isnt that great

They have hired a crap ton of people that do who knows what, they release a ton of 'products', but the only one that has caught on is search ( perhaps gmail too ).

Google search was revolutionary at its time, but now it is not noticeably better than yahoo or ask.com, of course everybody uses google tho out of habit so that is worth something, but who knows when the next grad student will come along and revolutionize search again and google will be left behind.

Also Text ads are overrated imo, seriously, I think a large % of clicks on these are accidents or scams.

I think it's prospects for growth in no way justify a 60 PE, but whether to sell or not i dont know, its hard to predict the crowd
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