Friday, March 24, 2006

Google Joins S&P 500 - There goes the Neighborhood

So Google has joined the S&P 500. Well that's just great. So in 12 + months when the P/E ratio goes to a normal number, the stock price will drop like a rock and screw up index funds all over the street and reak havoc on the market. I knew they would be added sometime, but they are still immature as a company and stock. This one revenue trick pony is going to stumble soon.

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Posted By Jason Dowdell at 08:37 AM
Permanent Link: Google Joins S&P 500 - There goes the Neighborhood | Comments (0)

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