SteveW

Is Google's Goose Cooked?

It is ridiculous that you think GOOG should be trading at a lower P/E than MSFT and CSCO. GOOG's current and future earnings growth dwarfs that of CSCO and MSFT and thus is should have a higher multiple.

And as far as GOOG's 2009 estimates being too high...you could say that about practically every company in the S&P 500 and definitely every tech company. Estimates will continue to come down across the board.