Redemption

A front page article in Barron's states Google's stock can trade up to 50% lower than current prices. As written before here and by many other doubters, the stock's valuation cannot be mainatained any longer. Barron's prediction of a price around $188 seems a bit harsh along with an expected P/E of 30. This still seems more rational than the current stock price. The stock's chart price is following the downward part of many previous bubble stocks such as Yahoo or AOL during the internet boom years. Maybe GOOG will come down to extremely low levels and bounce back well like Yahoo's stock over the past three years. Appears to be a good time to make money in GOOG options with the volatility.