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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (52435)11/18/2004 8:47:16 AM
From: Kelvin Taylor  Read Replies (2) | Respond to of 53068
 
Google Inc. (GOOG) its revenue growth rate from the second to the third quarter of 2004 may not be sustainable into the fourth quarter of this year and beyond as a result of increasing competition and the "inevitable decline in growth rates as our revenues increase to higher levels." Google also said it expects operating margin to decline in 2004 from 2003 levels primarily as a result of a $201 million one-time third-quarter charge related to settlement of disputes with Yahoo! (YHOO).

This won't be good news for the stock price. With a PE of over 200 this is one overpriced, overhyped stock. Reminds me of the good ole days when the interest stocks shot to the moon.... but then when reality took hold what happen?

Ron... time to short a few?