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Google Takes Top Spot From Time Warner

Posted by CmdrTaco on from the still-doesn't-have-three-names dept.

newfoundry writes "BBC News reports that Google hit $80bn on the NYSE yesterday, so is now worth more than Time Warner..."

1 of 477 comments (clear)

  1. More than TW??!! by Mad-Mage1 · · Score: 5, Interesting

    I mean come on, this is so completely unrealistic that ity smacks of the old days of the Internet Bubble. TW at least has real assets that can be valued, while Google is primarily a IP (intellectual property) company. Yes they do make search devices, yes they do have a Proven (albeit short) track record of innovation, but valuing this company at that figure is totally over-reaching. Their P/E ratio is so over-blown that no serious investor can look at this as anything other than a over-correction based upon the fact that Google is an Internet darling and one of the few that surivived the purge and actually PROFITED.

    --
    The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.