GOOG will go UP
$10,000,000,000.00 on 1/09/10 (49 days left)
$569.96 (38.88% from time of market call)
not only are they growing at 25% (top&bottom line), they have nearly $20Bil in cash / 0 debt which is not reflected in the stock price. Google probably deserves a 20 multiple=$500/share price today + $50 sh/in cash = 550.
Add in the power premium. Google controls roughly 70% of the information flow on the Internet.. which the consumption of media and info on the net is growing rapidly near 30% of total media consumed. They could make or break elections if they wanted to. If I were China, I would consider buying google in one shot through a chinese private equity firm. It costs nothing to print money, but Google is a once in a generation phenomenon.. that is embedded in all of us. The power to control minds, control media flow, the flow of information along With a couple of natural monopolies (adsense/adwords/search), makes this stock essentially price-less.