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Barron's: Google shares set for fall
by techguru on 26 Nov 2006, 21:31
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Category: Business     

Google shares, which topped a milestone price of $500 a share last week, are overvalued and poised to fall, just like peers Amazon.com and eBay did, the weekly financial newspaper Barron's reported Sunday. Barron's said Google is overvalued because it trades at 37 times next year's expected earnings and because its growth rate is slowing. more...