Perspective

Google’s one day increase today would make its gain bigger than Yahoo’s total market cap or AOL’s implied value times two. Wow - what a rocket ship ride up in the worst economic times imaginable.

0 thoughts on “Perspective

  1. You’re a smart guy, perhaps you can address this question:

    Best Buy Market Value $18.33 billion PE 14.5 EPS 3.119 EBITDA 2.72 B

    Amazon Market Value $33.9 billion PE 71.3 EPS 1.12 EBITDA 901 M

    Why the huge advantage for Amazon – simply because they’re an e-tailer? Limited real estate/assets, their metrics vs Best Buy are lower across the board (except for Market Value), they don’t offer a dividend (value added for the investor), yet they blow them away in terms of market value (in fact, if you combined many of the brick and mortar retailers in sectors Amazon serves, Amazon would still have a larger market cap). What is the online magic that exists?