hit an all time high just thenits on a huge p/e but you have to...

hit an all time high just then
its on a huge p/e but you have to realise its market share is going to grow by +150% in the job market as classifides get dumped for internet advertising. coupled with unemployment rates at their all time lows and the participation in the labour market rising its future growth is enormous yes. well worth the PER at the moment and as you said reporting time will be very interesting when seek show their profit growth for the half year. have to be careful though since the p/e is so high if it dissapoints in the slightest it will get hammered - but looking at the environment it is very unlikely it will dissapoint.