I'd say GOOG should be valued at (+/-) $10 billion. Waaaay overpriced at the current momment. Of course it WILL goto $140 or something. By then (30 - 40 days from now) insiders will be selling and the shorts will be in the action.
Gonna have a blast taking this down to $40 - $50 =)
Anyway, its a good speculative buy right now. 25% - 40% profit can be expected =)