Just one of the exceptional fundamentals of this company.
Actually ISSC and TSRA had higher than 34% margins for a long while.
Earnings means ttm earnings. 100x means you're dead. One piece of advice, if it falls below $75 just hold on. Don't sell below that point, it will be a value stock.You may think I'm joking, and that's fine for now. Just remember the advice. Seriously.
100xTTM earnings. Forward 2006 P/E 50. NO Bubble at all. Cover shorts for big rally this week. Market makers manipulated below $400 to profit off their Jan 400 CAlls they wrote. Look for major entry point and MO BACK purchasing.
I am not long. 100x earnings, classic bubble.
Yeah, sky-high margins are one of the classic fundamentals of any company that has no competitors. There's nothing about a search engine that makes competition difficult, but enjoy it while it lasts.Meanwhile Google will earn its share price back in about 80 years. Think Microsoft can get into the business within 80 years? It took about 3 years for Netscape to go from 90% share to 10% share.
The comparison with Sun is unfair.Even if competitors had developed servers that cost 10 times less and were 10 times better, there is a cost to switch applications from Sun to something else.Goog does next to nothing - ANYBODY can do it equally well or better and the cost to switch fro advertisers is zero.As to Google's diversification - the less said the better.
the comparison was not mine.Google does something better than anyone even if you have to hear it from the competitors themselves.More importantly, Google is a brand that owns the function - like Kleenex.It has become generic as people in my office are often asked to "google" something every 15 minutes. They don't ask them to search.