GOOG heading to $400

Quote from vhehn:

what a move on goog today 380 to 385 to 378 to 384 to 380 all in the first hour.
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just like all the tech stocks used to move back in the good 'ol days (98-00)
 
Since GOOG is actually profitable, it's different than tech companies that had a 20 billion market cap but a zero p/e thoughout their entrie life. I don't have a problem with the analysts growth rates, but the p/e is far too high, even under the most optimistic circumstances.
 
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