Cramer remembers 2000. He even got religion and became a value investor for a while in 2002-2003.
Bears: Damodaran and Cuban think Google is worth around $100. Insiders are selling. The corporation itself is selling stock, an almost unprecedented 3 offerings in a year, most likely to take advantage of overpriced shares.
Bulls: There are still two big groups of bulls. Sort of. (1) Sell-side analysts, who don't buy with their own money & are notorious for pumping internet bubbles. (2) Retail 'investors.'