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Old 11-14-2007, 04:12 PM
PokerPaul PokerPaul is offline
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Join Date: Oct 2002
Location: toronto
Posts: 1,035
Default Google - i want to buy, but can market cap go higher???

I want to take the cheaper price i am geting after the selloff last week, like at 100 shares i am saving over $10000 than i would have paid last week, when i almost bought anyways.

But at a market cap of 200 billion, can one realistically expect it to double or triple over the next 2-3 years. 500-600 billion dollar market cap seems awefully high. It would move way ahead of microsoft, cisco etc.

And its main rival, yahoo, has cap of only a tiny fraction of google.

Can they really move ahead of all those established bellweathers. It just seems soo unreal that it could be worth more than those other companies.

Then again, those others arent putting out $12.51 earnings per share
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