Tuesday, June 28, 2005

At $300 a Share, Google Looks Pricey and Still Irresistible - New York Times

At $300 a Share, Google Looks Pricey and Still Irresistible - New York Times: "Until recently, John Tinker, an analyst with ThinkEquity, a San Francisco-based investment bank specializing in growth companies, had set the highest price target on Google. Yet even Mr. Tinker uses the 'B' word - bubble - when describing the market's giddy embrace of Google, even as he has a price target of $330 on Google.
'The good news is this is a one-stock bubble,' Mr. Tinker said. 'Remember, in 1998, everything went up. That's a huge difference this time.' "
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