Google...is it priced right?

[clifp]

Originally Posted by al_bundy

maybe one of the pro's can answer this

every year google spends a lot of money on capital expenditures. probably data centers and stuff like that. unless they count it in cost of revenues, i can't see where they are taking it as an expense

Not a pro but..

on the Balance Sheet I see a $700 million increase in property and equipment in Q1
On the Cash flow I see a Capital expendentures of $842 mil
Less depreciation of $280 million

I am guessing that most of the depreciation is include in the cost of revenue with some for R&D, GA, and marketing.

What a remarkably capital efficient business they run.

[al_bundy]

Originally Posted by Patrick

GOOG @ $540.46 now. So does that mean it's going up or down from here?

needs to fill in the gap first, that was a huge jump in the week

[Art G]

Originally Posted by Patrick

GOOG @ $540.46 now. So does that mean it's going up or down from here?

You are a persistent little bugger, aren't you?
I'd say you can't tell yet. Sometimes holding cash is a good thing. If you bought where I suggested, then enjoy your profit for a bit and see where it goes. In the mean time, MELI. JMO.

[Art G]

Breaking through resistance? Hmmmmm.

[Art G]

Well apparently GOOG wasn't a short play.

[BoutDone]

Originally Posted by Art G

Well apparently GOOG wasn't a short play.

I think you gotta wait until 625 before you consider GOOG a short. Not saying it'll get there but, that is where it bumps its head on clear resistance.

[thefed]

well i ended up buying a little bit at 442 march 25 or so,sold at 551 yesterday...not bad for a month play...too bad i couldnt afford more....or was willing to gamble more...

[fmhealth]

This article nails the search issue right on the head!

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