I predict google will be at 500 or lower by this time next year. It is a 100% definite bubble
In my opinion as soon as a business determines that there is a better way to advertise than google that is cheaper google's bubble will be deflated rapidly. It will drop 100's of point in weeks. Let's see as anyone that has been at the top of google sold shares? The reason they are worried is Nokia's relationship with Microsoft and they know what Nokia's mapping services are capable of. Nokia has already made a better phone and the gps maps are in a league by themselves. Use the gps locator and Nokia's maps will scare you because your exact position is found on the map. Google's you may be on the same block at least. Nokia's maps work offline as well. Nokia has landed contracts with Major auto manufacturers for vehicle navigation systems with bing map and advanced searches that promote businesses in searches. The plans for the map search is a direct threat to google. The only way google make's money is from click fraud by business competitors. The month that businesses are no longer prisoners of google advertising and have a better, cheaper, fairer method of advertising google is not only a bubble they are history. Think I am wrong, ask any business owner. The entire google echo system (all the #$%$ & more #$%$) is paid for by click advertising profits. The majority of that is some clown repeatedly clicking on a business competitors ads. So google has become rich because there are so many people in the world that want to screw their competitors by clicking on their competitors ads and they get charged 50 cents to several dollars every time they get a click from a competitor. Guess what, when a business complains to their sales rep guess what happens (nothing). Business that are subjects of click fraud will stop advertising within a NY minute as soon as the next advertising thing comes. So maybe you need to see when it is coming. Trust me the google empire is a bubble filled with click fraud that is ending soon.