正文

Short GOOG and Get Rich

(2008-10-15 15:47:20) 下一个
Even after today\'s drop, GOOG is trading at $340/share, or over $100B market cap, or more than 5 times of its 2007 revenue projection.

Whatevevr analysts say about GOOG, this is a MEDIA company which depends heavily on consumer spending. By comparison, Disney is trading close to 1x of its revenue. Forget about earning per share, that is often deceiving. Ask yourself: can you justify a company trading more than 5x of its revenue?

A fair price for a media company, and for any company, should never be more than 1x of its revenue. Even at 2x of its revenue, GOOG should not worth more than $32B as a whole, or $112/share!

The Google Bubble will be bursted.

[ 打印 ]
阅读 ()评论 (2)
评论
目前还没有任何评论
登录后才可评论.