Here is a short price history of the greatest stock market bull, the Google:in August 2004 IPO Google debutes at $100 a share,by the end of '05 it reaches $500, I still remember the media's outrage at that time!during 2006 Google was meandering between $400 and $500including first half of '07 staying around 500then only for 2 months (early Sept07 to early Nov) went from 500 to 750and now we saw a 3 day loss of more than a $100 at the moment sitting at around $630"GOOG is down, that means BUY" was the latest media catch, they did not say that in August'07, the previous market correction.Do you think it is a buy at 600+ or it is a wait and see?As of Nov16 close, here are price, EPS and PE ratio for:MSFT $34 $1.5 22INTC 25.5 1 24CSCO 30 1.3 24HPQ 51 2.5 21DELL 27 1.3 21AAPL 166 4 42YHOO 27 0.5 53RIMM 107 1.5 70GOOG 634 13 50So, Google's eps is impressive, but isn't pe too high?Sorry, I take back the adjective impressive, here is why:Lets compare the eps of GOOG and MSFT. GOOG's share is about 20 times more expensive than MSFT share. So for google to be as good as microsoft, eps has to be at least 20x1.5=30 not 13.So eps can be missleading when the shares are huge. I think pe ratio is more meaningful.So, based on the above reasoning, I would say for aapl,yhoo,rimm and goog --- SELL :-)Please see http://online.barrons.com/article/SB119525664593896307.html?mod=yahoobarrons&ru=yahooa Barron's article entitled"Time to Call Google's Bluff "ha-ha,I think the 2005 media show is repeating itself. Well ... $500 is a great support, I'll buy it at that price or maybe at 490!

Buy low, sell high, It's that simple.

Everything I have been hearing about Google is "buy". It is expected to reach $800 a share sometime in 2008. They are currently working on some sort of advertising software is conjunction with iphone, which is only going to help the stock. I also heard that Google will not do stock splits, so the value will most likely not go down due to a split. Google is the type of investment you buy and hold for the long term. It is a great company, that is always looking for new ways to expand their brand. I think if you wait and see, then you might miss out on some great gains within the next year.

Buy Google. The balance sheets are strong, the income statement looks good, and the cash flow statement looks great as well. Pay attention to these statements, because they determine the price of the stock when all is said and done. Also pay attention to the P/E (price to earnings) and the EPS(earnings per share). When EPS is high and P/E is low. BUY!!!

I'm buying. Don't get too caught up in the price of the stock. The stock has not, and probably will not split (an homage to Berkshire Hathaway's policy of not splitting.) Look instead to their P/E ration. Given Google's growth, a much higher P/E is justified. The recent drop in share price has more to do with the economy as a whole and trouble with other stocks than with problems at Google. They are continually investing in profitable projects and have consistently exceeded expectations. My current price target is $750-$790

yes p/e is important, but look at forward P/E is also important and the PEG is under 1.5 which means for google, it's still a growth stock but NOT terriblely expensive.this is what happenes when a stock with such a high expection fall more than 15% because the overall market is down.if you are bullish, this stock is actually cheap right now.my bottom for the stock is 600 at this time. and I believe there still room to run for GOOG.for AAPL, I'd sell half first, should have sold it at 190 but didn't expect csco to betray the market.AAPL is still good till next quarter earning release so my plan is if it reaches 200 i'll sell half, and sell the remaining after earning to get my capitals back and let the rest run long.