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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (67813)	8/19/2005 12:04:22 AM
From: shades	Read Replies (2) \| Respond to of 74559

GOOG is going down hehe - Last time your system said it was going down too - you even gave a specific number of days - your system was wrong - why should I trust it now when it already failed once? Did you make changes and tweak it? So you gonna call it again - ok Cramer says 800 by what 2006? 350 by next month? What your system telling you MOO? 250 by next month? Perhaps with enough tweaks and a few more misdirections you can plug in the "swordfish" variable into your system that it is probably missing now. stockta.com HAHA - girl in aruba - I think what happen was like these biker guys I knew in Daytona fla, they having fun with this girl - it was all consensual - things get a little out of hand and maybe an accident happen - so they take her to the gator farm and feed her to the gator - mums the word. But the point being - why all the media attention being fed to the oprah types - why not something more newsworthy? Mexican energy accounts - I think you can use them no? hehe

To: Moominoid who wrote (67813)	8/19/2005 4:10:16 AM
From: shades	Read Replies (1) \| Respond to of 74559

internetstockblog.com Thursday, August 18, 2005 WSJ says Google is cheap (GOOG) Kevin Delaney's Heard on the Street column in today's Wall Street Journal quotes three portfolio managers who believe Google (ticker: GOOG) stock is cheap. The key point: Internet growth is faster outside the US, Google's market position is stronger there, but so far it hasn't fully monetized its non-US business. Mr Delaney writes: ...Google offers its service in over 100 languages and says the majority of its search queries come from outside of the U.S. In May, the company handled 73% of all searches in Germany, 62% of all searches in France and 55% of all U.K. searches... That compares with 48% of all U.S. searches in June. Yet, despite being stronger in some key markets abroad, just 39% of Google's revenue was from international operations during the second quarter. Last week, it announced it had teamed up with three Chinese resellers for its ads. Also, Google could easily generate revenue from popular services that are now ad-free, such as its Google News service and mapping products. Google Maps and the site for its related Google Earth application had 13.3 million U.S. users in July... The three portfolio managers quoted think Google's stock is worth $320-350, with one manager calling it "extremely cheap". Full article here (paid subscription required). Comments When considering the prospects for Google, it might be worthwhile to keep in mind that, according to Zacks, 17 of 24 analysts (71 percent) already rank the stock with a "buy" rating. At the IPO the Street hated the stock and now that it has tripled they love it... Posted by: Nick Perry \| Aug 18, 2005 3:02:57 PM That's always the way, eh, Nick? No one wants to be the last one to the party OR the first. I'm still happy with the growth prospects, but as I posted on my blog I'm very curious about why the secondary is being done right now -- are they just keeping quiet about acquisition targets (and lying about their existence?), or do they really have that much capex in mind? That pays for a lot of engineers, servers and office space, even if they keep handing out the big $$ founders awards. Posted by: One Guy \| Aug 18, 2005 3:57:11 PM I don't have any special insight into the timing, but I wish I did One Guy! I think it will be very interesting to keep an eye on what happens here. The Street is already firmly in the bullish camp and as you say "no one wants to be the last one to the party". Downgrades are like cracks in a dam...

To: Moominoid who wrote (67813)	8/19/2005 4:28:59 AM
From: shades	Read Replies (1) \| Respond to of 74559

Tradermike - the guy that started this board MOO - look what this fool is doing!! tradermike.net I'm Finally Going to Buy GOOG! August 18, 2005 I shocked the hell out of Duru when I sent him an SMS earlier this evening telling him that I was going to buy some Google in my IRA tomorrow. His immediate response to me was "but it's below the 50-day moving average!" -- as if that technical mumbo jumbo means anything to me! ;-) But seriously, my reason for wanting to own some GOOG aren't based on the technicals. I've been seriously impressed by Google's business model ever since I signed up for AdSense two years ago. I still don't know what I was smoking that caused me to not pull the trigger back when I saw the stock bounce off of 100 and then again when it made that first all-time high back in the 110s. So, yes, this is more of a fundamental play than a technical one. I'll still have a stop loss in place and although the technical picture isn't pretty right now I'm not overly concerned. (famous last words! -gulp- ) Having said that, there are some TA points that I can use to rationalize but purchase. Today the stock bounced off of the support around $275. The long-term MMAs are still bullish and the stock closed just a hair under the slowest of the moving averages (60 EMA). It also bounced off of its lower Bollinger Band, which appears to be turning higher. And finally, the stock is still above its 200-day moving average, which is the time-frame that I'm concerned about in my IRA. P.S. Cramer's $630 and $800 valuations on Google tonight on Mad Money had nothing to do with my decision to jump in now. Nor does it have anything to do with this Wall Street Journal article -- Google as -- Get This -- Value Play! - Despite the IPO's Skyrocket, Some See Further Potential In Company's Business Model Posted by Michael at 11:55 PM to Stock Market \| Comments (1) \| TrackBack (0)