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Re: Fred Langford post# 243010

Tuesday, 05/11/2004 11:59:16 AM

Tuesday, May 11, 2004 11:59:16 AM

Post# of 704044
Fred, Google will need more than a 3 day window to keep this pump and dump at 350x earnings afloat... Dutch (bulb) auction

Google report : Talk about chomping at the bit. Susquehanna Financial has published a report on Google, even before the IPO. The report includes financial forecasts and valuation. In addition, it provides the firm's best take on potential uses of proceeds and Google's longer term growth strategies - based fully on the firm's analysis of the industry and comparable companies. The firm had no direct input from Google. The firm forecasts Google will see 75%-100% growth in 2004 and another 40-60% growth in 2005, on the heels of 177% growth reported in 2003. Valuation scenarios suggest a market cap of $35 bln or more. How will the co spend all that money? By creating new forms of search which, over time, could expand the size of the market and raise consumer loyalty.

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