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Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?


To: KeepItSimple who wrote (6243)1/19/2006 12:31:11 PM
From: Cowdoc  Read Replies (2) | Respond to of 15857
 
It may seem overpriced, but it has a relatively low float and lots of income, unlike the tech bubble burst companies of years gone by. If I was going to buy something, ie. radio media, I think the best time to buy is when the price is low, as it is now. This statement from the analyst makes me believe that he has short interest in the company now or in the future. You don't think he would be trying to sway public opinion for his own profit do you?

"The breathless media reaction each time Google points itself toward a new endeavor reminds me a lot of 1999, despite the fact that it actually has profits and a surging revenue stream."
jmho foggy4



To: KeepItSimple who wrote (6243)1/19/2006 2:33:25 PM
From: dkrive  Respond to of 15857
 
Google tanking now, 15 dollars intraday from the high. Shakeout? Maybe, but the weak relative strength scares me. Yahoo down another 2.5%. Will we follow AMD and EBAY or AAPL, YHOO, INTC after earnings? I don't think the risk-reward justifies buying ahead of earnings, unlike last quarter where we had been consolidating in the 300 range for nearly five months.



To: KeepItSimple who wrote (6243)1/19/2006 4:53:34 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 15857
 
I'm screwed?

Kissy I have stayed the course with this stock forever. I told you ebay had a great quarter last night. Today, I think the GOOG decline could be related to many things, I think the issue of GOOG turning over data to the Bush administration is concerning to people. Google will never turn anything over to the Bush admin, I am quite certain. Ebay experienced 42% revenue growth in their recent quarter. Thats bubble-period growth, and ebay is not a new company, their model is pretty mature. Its not like Google where you have a new industry siphoning money off of an old one or obtaining new dollars. If ebay can grow 42% that bodes well for goog. As to this correction, this is typical. We corrected from low 200s to 160 last year. Then the numbers came out and new highs for GOOG. Just the pattern.

One thing for sure- you can never, never rely on afterhours for an indication of how stocks will trade anymore. Because AH is full of people like you, retail bears. They don't know how to read financials.