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Ok hi everyone,
I'm curious to know why people are still investing their money in google stocks when it can go towards something else. I mean the stock is HIGHLY inflated. Yes, google will soon take over the world, but its spending way more right now then it's bringing in profits. I'm curious to here from actual investors in google to explore this thread further, but I do think that it is expanding and stretching itself too far too quickly. It is attacking all the big boys too prematurely: Ebay, Yahoo, Microsoft, AOL, VOIP firms recently, and rumored Paypal. I'm not saying the stock is not worth it because it is, but I do feel bad waters in the future as Google ruffles the feathers of the gods of Wall Street.
What do you think? Is it irrational exuberance? or completely worth it? I myself am not too sure. Because part of me want to jump on the bandwagon and the other part is screaming caution.
I'm curious to know why people are still investing their money in google stocks when it can go towards something else. I mean the stock is HIGHLY inflated. Yes, google will soon take over the world, but its spending way more right now then it's bringing in profits. I'm curious to here from actual investors in google to explore this thread further, but I do think that it is expanding and stretching itself too far too quickly. It is attacking all the big boys too prematurely: Ebay, Yahoo, Microsoft, AOL, VOIP firms recently, and rumored Paypal. I'm not saying the stock is not worth it because it is, but I do feel bad waters in the future as Google ruffles the feathers of the gods of Wall Street.
What do you think? Is it irrational exuberance? or completely worth it? I myself am not too sure. Because part of me want to jump on the bandwagon and the other part is screaming caution.