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.
Love may laugh at locksmiths, but he has a profound respect for money bags. -- Sidney Paternoster, "The Folly of the Wise"