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Originally Posted by kernelpanic
Its not about them posting poor profits, its about the stock being far too overvalued to sustain much longer. If they post good profits by corporate standards, but fall short of their own cash-cow standard and fail to live up to the hype, then the google bubble is going to burst.
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Agreed, but as long as people keep buying the stock, it will keep going up. To me, when it comes to GOOG, I'm reminded of 1999
However, the people behind Goog are EXTREMELY bright, and they have a lot of growth opportunities they havent even tapped into. They've also shown they can execute well - which is all analysts like. Just as an example..they mentioned how news.google.com doesnt even turn profit (no advertising even as of now), yet is growing very well. They just simply arent concerned right now with capitalizing it, thats how well they are doing in their other areas.. Whether or not they can sustain, who knows - people seem to think so, but its not a stock I want to touch.