peter

Apple: Sell the News, For Now - Barron's

Choops - They claim GOOG is cheap at $520 trading at a 46 P/E because it grows at a 20 to 30% rate...I agree...so I wonder what that would mean for a company trading at a forward 2008, P/E of 29??? Between products, earnings and MULTIPLE Expansion the price neighborhood commands a range of 165 to 180 just performing to the middle of earnings expectations...THAT SOUNDS LIKE A NICE NEIGHBORHOOD!!! To John: I've been a part of the apple culture since 82'...seen some good times and some bad times...but these times are unprecedented...apple, the people who build, engineer and contribute their intelligence are to be applauded for all they've done and will do. in the future..CONGRATULATION...