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Alphabet Inc. Message Board

  • kfh227 kfh227 Aug 20, 2004 2:35 PM Flag

    Look at all the lemmings

    With nothing to base valuation on, everyone is screaming STRONG BUY.

    The lemmings that fell off the cliff in 2001 might do the same thing again.

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    • This is nothing but a minor reoccurrence of the "dot con (sic)" situation of the late 90's.
      A P/E ration of 143 for a search engine that sell ads. Many of todays buyers will lose a bundle when the emotional rush dies down and rational valuation rules. This is a $40 dollar stock. People buying it now appearently are counting on the greater fool theory to insure that someone else will overpay even more to buy their shares.

 
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