THE GOOGLE $500 THREAD

08:35 GOOG Google: Analysts comment on GOOG on CNBC (432.04 ) -Update-

Analyst appears on CNBC to comment further on GOOG and the recent alliance with AOL. He says that there is no telling how high the stock price can go, but he believes that it is fully valued at the current level. Says that CSCO went to $500 bln before it went to $100 bln. Also notes that GOOG is 1/2 the mkt cap of MSFT, for 1/6 to 1/7 of FY07 cash flow. He believes that this type of momentum is soley based on speculation, although it has not yet hit the speculative bubble phase, it is moving somewhat closer to that view. Another analyst says that stock will run up because of all the momentum players that are involved. He also says that GOOG's biggest challenge comes from the its reliance on rev from its search product.