While it's P/E is 50, consider Yahoo. It's P/E is 53. This sector imho is way overpriced, but relative to it's peers, is google really that much more overpriced, considering they are pretty much kicking everyone else's ass in the sector, and it on a much more belieable growth than the likes of say Yahoo? Long term, maybe things will become more rationale. But for the time being, I wouldn't be betting against the tread
No, i don't own google shares, though I wish I bought in at the dutch auction when it IPOed.
