Subject: FKA: Alphabet
GOOGL at $170.50

It hasn't fallen much (down 18% from its high), and certainly isn't cheap by any conventional metric (P/E 21). It isn't even that cheap for Alphabet, which statistically has been a great wager only under 6 times sales (right now at 6.41).
But I find myself starting to watch, thinking about the price at which I would like to add to my long term position. Maybe now, maybe soon...

Even now, I think I'd pencil in good chances of a double digit rate of return in the next couple/few years.

Jim