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October 21, 2005
GOOG P/E: almost 100
Don't take this wrong, I use the search engine all the time. But isn't the stock at least slightly inflated? According to Yahoo Finance, Google's P/E is nearly at 100, with the market cap at about $100B after they announced an upside earnings surprise.
This move apparently also lifted the whole NASDAQ by lifting other stocks as well.
Posted by Mark at October 21, 2005 10:24 PM
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