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Friday, November 17, 2006

Is Google worth its weight in gold?

CNET News.com: "As Google's share price neared $500 Thursday, analysts were unfazed by the fact that the search king's market capitalization is greater than its three biggest Internet rivals combined and about double that of media companies Walt Disney and Time Warner.
Is Google really worth that much? Yes, said several financial analysts, because it's growing faster than rivals and--at least at the moment--there seems to be no bounds for that growth. In fact, they think the Mountain View, Calif., company could be worth a whole lot more."
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