google earnings???

Discussion in 'Stocks' started by bluud, Oct 18, 2007.

  1. bluud


    I say we will see goog back under 600.

    what is your guess?
  2. gobar


    no way...

    goog 750...

    Gphone + stock split = catalyst.
  3. Probably stay close to where it's currently trading. I think whatever new announcements they could make are priced in at this point. There must be something in the works though, to justify the ramp higher the last two months.
  4. paj


    Dow Jones Real-Time News for InvestorsSM
    08:07 a.m. 10/18/2007

    By John Letzing

    Google Inc. (GOOG) is expected to report strong third-quarter profit and sales when it posts results Thursday, amid reports that the Internet giant is steadily gaining Web search market share and is focused on promising future markets such as mobile communications.

    On average, analysts polled by Thomson Financial expect Google to report earnings of $3.78 a share for the period ended in September and $2.9 billion in revenue.

    In August, Google increased its share of the Internet search market from the previous month to 56.5%, according to ComScore Inc., while the market shares of rivals Yahoo Inc. (YHOO) and Microsoft Corp. (MSFT) each declined. Meanwhile, news has leaked over the past couple of months that Google is moving forward with its own software framework for mobile devices, an effort analysts have generally lauded as forward thinking.

    Cantor Fitzgerald analyst Derek Brown wrote in a note released to clients Wednesday that he expects Thursday's quarterly results will "support our view that Google has continued taking considerable share in the online advertising market and that it has maintained its status as the linchpin to the Internet economy."

    Brown has a buy rating on Google's shares.

    Those shares have risen more than 30% in the past six months, while those of Yahoo have fallen 10%, and those of Microsoft have risen less than 10%. Google's shares closed Wednesday up more than 2% to $633.48.

    Nollenberger Capital Partners analyst Todd Greenwald said in a note released to clients Monday that while expectations for Google's third quarter are high, they are "not unrealistic."

    Key strong points for the quarter include paid search spending in Europe that was "exceptionally strong," Greenwald wrote.

    Greenwald wrote that "more clarity" will be expected from the company Thursday in areas including its hiring pace, "as well as any insight into Google's mobile strategy."

    When Google reported second-quarter results in July, analysts were taken aback by the company's rapid hiring during the period, which helped send its shares lower.

    More recently, a number of reports have piqued analysts' interest in Google's development of a software framework for mobile phones, which could ultimately benefit the company's mobile software applications.
  5. Gphone will not be a phone, just an OS.

    No stock split... if they haven't done it yet, they will never do it.
  6. Listed strike-prices for options will go all the way up to $1,000/share.
  7. S2007S


    stock split, nahhhh

    found this on a website, understand that the gphone is only a rumor.

    Speculation about the launch of a Gphone has been rife since the beginning of the year, when it looked like Google was trying to compete directly with the Apple iPhone. However no-one was really sure whether the Gphone would be a Google-branded hardware / software combo, or just a mobile phone OS that anyone could use. This still is not clear from the latest report.
  8. gobar


    any last minute thoughts...
  9. Gonna be huge

    $700 soon

    the upside is unlimited

    downside: 30 points of so

    Do the math

    Google will control the exchange and transfer of all information on planet earth though all mediums.
  10. S2007S


    GOOG is going to trade in a 25-35 point move afterhours...

    remember they dont wait to release earnings, they release them about 48 seconds after the close, so get ready, 7 mins left before the news touches the wires.
    #10     Oct 18, 2007