Do you value a company based on what you hope they might be able to do, or what they have actually demonstrated an ability to do? Other than search-based advertising, what "nook and cranny of the future" has GOOG actually monetized? All the Google buzz and the new widget of the week just distracts from the fact that <i>in terms of revenue</i> they are a one trick pony. None of this is a durable barrier to entry. What Google does is absolutely not rocket science. Some of the "greatest computing brains" I know are going to well funded search startups to compete with them. It will take time and I don't think Google will be dethroned as dramatically as Lycos and Alta Vista were, but their profit margins will inevitably be eroded by the competition. Martin
Who cares what they're going to do next year or in 10 years??? Just trade the runaway freight train until it stops.
is it really only 5 years ago where people got as cracy about yahoo, amazon etc. ? Nice view on this here: http://www.marketwatch.com/news/story.asp?guid={8CF1AAA8-D4A0-482F-817C-BAF975161BCA}&siteid=mkt don't get caught this time ! Goog is a great stock for daytrading but I think one of the worst stocks for investing right now.
a friend get her IRA account destroyed by QCOM but there is happy ending she bought GOOG and make it all back, good thing come to those who wait patiently.