hows google doing??? GOOGLE (NasdaqGS:GOOG) After Hours: 485.60 0.84 (0.17%) as of 6:03PM ET on 02/25/08 Last Trade: 486.44 Trade Time: 4:00PM ET Change: 21.36 (4.21%) Prev Close: 507.80 Open: 506.00 Bid: 484.43 x 100 Ask: 485.50 x 100 1y Target Est: 708.85 Day's Range: 485.74 - 506.50 52wk Range: 437.00 - 747.24 Volume: 8,347,352 Avg Vol (3m): 6,499,160 Market Cap: 152.44B P/E (ttm): 36.59 EPS (ttm): 13.29 Div & Yield: N/A (N/A)
It was an overall up day for the market - this is usually when people cut-and-run when a ship starts to sink. When the strength never materialized for the issue some big-money panicked; that's what you saw near the close. Regards,
These comments ring true....Vista is such a "mis-hit" it's not even funny...no one really endorses it. But remember, Bill Gates has been using foreign programmers for quite some time now....and look what they've produced: Absolute sh*t. And a recent developer's rag shows that Yahoo's AJAX toolkit to be superior to Google's.....how can that be ? GOOG has moved into the "do you believe the hype" phase of growth. Guess what ? I don't. I heard about all of the gourmet culinary cuisine and all of the perks for their technical folks....but the bottomline is that it isn't producing anything better than their rivals....who DON'T GET THE SAME PERKS.
GOOG will continue to expand its presence in emerging markets; international revenues as a percentage of total revenues grew from 43% in 2006 to 48% in 2007. Likely acquisition of DoubleClick will accelerate GOOG's entrance into the display market. There are numerous articles discussing the benefits of this strategic move. Here's one: http://techfold.com/2007/04/13/google-buys-doubleclick-31-billion/ GOOG's unveiling of the Android phone software in late 2008 is another growth initiative. Here's a good summary: http://arstechnica.com/news.ars/pos...nces-open-source-mobile-phone-os-android.html Full-time employee base increased about 60% from 2006 to 2007, which will help them to manage their growth and to develop and promote their products and services. It seems to me that GOOG is still well-positioned for long-term growth. Part of the reason that their operating margins are decreasing is their investment in employee and system infrastructures which will position them well for the future. I agree they may have some rough quarters ahead (still don't think this stock is going below $400 this year) - but when those "bad" times come, I'll be looking to buy.
26-Feb-08 08:09 ET In Play Google: Additional color on comScore data (486.44 ) -Update : Citigroup notes that comScore reported flat Y/Y growth In Google Paid Clicks for January. They say that if the comScore data is accurate and holds for Q1, it could imply risk to Q1 estimates. Firm says the disconnect is that this type of step-function deceleration should show up as a material fall-off in leads to Search Engine Marketers and channel checks haven't picked this up... Jefferies notes third-party data suggests continued deceleration in paid click growth on GOOG properties, implying that Street estimates may need to come down if the January trend persists. If the January trend continues throughout the quarter, they believe that their below consensus estimates may prove aggressive. They also believe that the consensus of $3.69 bln in net revenue for 1Q08 could be adjusted downward as the quarter progresses The firm is maintaining a Hold rating on concerns over growth trends, higher TAC rates and lack of leverage in the model. (Also see 7:25 & 7:18 comments on GOOG)