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Re: Phil(Hot Rod Chevy) post# 6225

Thursday, 03/12/2009 9:53:07 PM

Thursday, March 12, 2009 9:53:07 PM

Post# of 9951
GOOG 100s is tied into the Dow bottoming out somewhere between 2800-4000, I have no time-frame on that prediction, it could come in April, it could come in 2010, but I'm confident it will come unless they decide to kick in hyperinflation sooner then I initially thought.

I have no time frame on the prediction nor did I ever offer a concrete one, you only assumed based on your recent post that I meant short-term when that is not the case.

Based on your overtones, I'm going to make an ASSumption myself, and that is you are very bullish on GOOG for whatever reason, perhaps you can share.

My reason for being bearish is I believe Google's profit growth will contract significantly to the point where book value will begin to get questioned, and for GOOG to trade at slightly less then 2X book is not outrageous at all~!


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