Google now bigger than Time Warner

GOOG market cap now exceeds that of TWX

[mm1220]

Google has a market cap of $80.82 billion, Time Warner has a market cap of $79.75 billion.

Came across this on the Drudge Report but I'm sure that all those who follow the market will have noticed it too.

A search engine is now bigger than the world's biggest media company. Wow! The market must love the boys at the 'plex!

[goodroi]

Don't forget to look at the P/E. Google is at 114.90 and Time Warner is at 23.85. Can Google meet expectations or will the bubble pop?

[TinkyWinky]

NUTS....... that's all I can say.... with one basic revenue stream, l know where I'd put my cash if I were a betting man.

Even Yahoo or MS (***** SHUDDER*****) are a better bet if you must go online....

Shame they sold their shares a few weeks back ... must have lost a cool 100 million on that sale ;)

Good luck to them... but IMHO there will be a big fall when that Adwords stream starts to dry up.....

Just my 2c worth....!

[walkman]

no way google is worth that much. People have short memories, that's all.

[Chris_R]

"no way google is worth that much"

People were saying that at $85 as well.

People were saying they wouldn't buy it at $20.

I sold all my shares but one on the first day - so I don't know beans either.

I was planning on buying a crapload when it went down below $60 or so, but that never happened.

As TTM (Trailing 12 month) earnings go - it is certainly overvalued, but TTM is a valid measure for TWX - not for Google.

[moneycentral.msn.com...]
[moneycentral.msn.com...]

Look at the rate google is growing versus time warner.

That is why people are betting the farm on google.

All it takes is one bad story on Google to pop the bubble though. There are plenty of things that can go wrong.

But for years - google has been the only REAL search engine. They spider most pages of most websites - and include them in the index.

Of course things have gone down hill IMHO as they have gone on their witchhunts.

Google has survived all their critics and I suspect they will continue to do so for sometime. When they don't - people holding GOOG will be crying. Nothing lasts forever - how long will the ride last?

[Alioc]

It will last until Yahoo or MSN comes up with a better AdSense alike offering. They will still be big enough to invest though.