"Google" is the most valuable media company

[AX10]

http://finance.yahoo.com/q?s=GOOG&d=t

Day's Range: 280.56 - 288.50
52wk Range: 95.96 - 299.59
Volume: 16,457,373
Avg Vol (3m): 11,650,200
Market Cap: 79.53B
P/E (ttm): 113.17
EPS (ttm): 2.53
Div Yield (ttm): N/A (N/A)

It's market cap is almost 80 BILLION dollars. How did they become so valuable?

[gmoney]

1. I sold at $190! I cry when I see these numbers...

It was only a few shares in my IRA, but poop!

[BagEnd]

2. Hmmm... some money to be made here?

I made a little shorting Billy Shatner's Priceline when their market cap exceeded the combined value of all of the airlines they were selling tickets for...

Might this be a little too high?

[fedsron2us]

3. There will definitely be an opportunity to short this stock.

The problem will be timing the market.

When will the 'irrational exuberance' finally run out ?