regardedtrader OP t1_iyexp50 wrote
Reply to comment by Magik47 in GOOGL long calls Yolo. Think company is undervalued with less than a 20 PE. Stock had a big drawback, but earnings are still strong. by regardedtrader
This isn’t bed and bath. Google’s massive layoffs are coming from performance ratings. They’re getting rid of the dead weight that’s costing them $$$, so they’ll have better operating margins. In this case, lay-offs r actually a good thing.
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