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Originally Posted by yoyo
Wall St puts a premium on growth and google is growing, Its growing faster then Microsoft, ebay and Yahoo. Also they have about $10 billion in cash.
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I like the premium Wall Street put on technology in the dotcom boom days... Remember NasDAQ? The bubble eventually bursts. What keeps companies like MS solid and in the black is the fact that they have a product and assets.
From my own perspective, things are worth what someone will pay for them. Nothing more, nothing less. Anything else is purely speculative.
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