Tuesday, August 10, 2004

Why I'm not buying Google Stock

I love the Google search engine. I use it every day. I'm not buying the stock, though. Why? It's too expensive. I learned a long time ago that when high price multiples are built into stock, it's really hard to make a profit. This New York Times article goes into detail why. (free subscription required)


The New York Times > Technology > Seeing Google With the Eyes of Forrest Gump
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