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Alphabet Inc. Message Board

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  • xxchicagobadboyxx xxchicagobadboyxx Nov 20, 2007 1:23 PM Flag

    google was raised this morning to 900 dollars

    When the market crashes, people will eventually flock to the stronger stocks. Check out Google's cash position and their growth over the past 3 quarters. Google made 15 Billion in profit, and is expected to make 20 Billion by next year. That at current prices comes out to a P/E of about 20, unheard of for those that think, Google is a false bubble. 900 may be cheap for a 20 P/E stock full of cash.

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