Google Crashes Through $300…Is It Finally Cheap?
Google Crashes Through $300…Is It Finally Cheap? November 13th, 2008 Silicon Alley Insider - Henry Blodget | November 12, 2008 9:48 PM The Google Stock courtesy of savingadvice.com Google crashed through the $300 barrier this afternoon, only a month or so after smashing through $400. So, at $290, is it finally cheap? “Cheap?” No. “Pretty darn reasonably priced?” Yes. At $290, Google’s enterprise value (excluding cash) is about $83 billion, or 15X trailing free cash flow of $5 billion. I
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