Berkeley CSUA MOTD:Entry 48222
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2007/10/2-5 [Uncategorized] UID:48222 Activity:moderate
10/2    tom are you actually holding G stock? If so, I wish you the
        best of luck. Tee hee hee.              -short G @ 600 guy
        \_ Yes, I have GOOG.  Up 30% in 6 months so far.  Forward PE 30
           based on conservative assumptions.  -tom
        \_ Yes, since about March.  Up 30% so far.  Forward P/E 30.  I don't
           need luck.  -tom
           \_ People don't learn from the dot-bomb days.
              \_ Yeah, especially people who hold AMZN, +180%.
                 Not everything bombs.  -tom
                 \_ Just most of it.  Why did you wait to buy until March when
                    you've been hawking it here for much longer, IIRC?  If you
                    had bought at $83 you could have quit your job.
                    \_ It didn't fit my risk profile until more recently.  I
                       hadn't been hawking it, I'd just been pointing out
                       [correctly] that it was stupid to short it.  -tom
                       \_ And now that it's even more expensive it does
                          fit your risk profile?
                          \_ No, now that it has several more years of
                             data to examine and compare.  -tom