Comment my favorite stream... (Score 1) 114
... is slashdot!
... is slashdot!
I am not a economist, but it seems to me that the share price a company that has a large price/earning ratio is largely based on expected increased future earnings. This acts like a multiplier. Its price will fluctuate more than a company with a lower p/e.
So it seems to me only natural that google's share will fall more than average when prospects are bad.
Term, holidays, term, holidays, till we leave school, and then work, work, work till we die. -- C.S. Lewis