Thursday, July 14, 2005

Ambiguity Drives Google's Valuation

"The Economist has an article about how Google uses its amorphous positioning to gain investor interest. At the current valuation (the P/E is north of 110) this is a winning formula, but the article questions the long-term soundness. The reporter was chagrined that the last press tour focused more on the CFO (Chief Food Officer) and the monthly pasta consumption (500 lbs) than products or financial performance of the company."

source:http://slashdot.org/article.pl?sid=05/07/14/1349222&tid=217&tid=95&tid=98&tid=187&tid=1

Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?