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

To: Gabriel008 who wrote (6430)	1/22/2006 12:38:16 PM
From: cbzcouse	Read Replies (2) \| Respond to of 15857

My forecast has GOOG stock price at $500 [or more] by mid February and $600 - $700 by mid year. I agree with your entire post completely. It is too early for GOOGle mania to end. The time is not right, yet. Like you I was a DELL head too. Enjoyed huge profits. Bought every correction and never regreted it. Based on volume, there were strong indications in Friday's action of institutional selling. So what? Institutions sell and institutions buy - that's what the market is made of. Just because someone decided to sell does not mean they were right. What happens next week depends on wether the institution(s) completed their sale on Friday. Likely, yes. In which case we go up. Of course a lot depends on the overall market. If the market stays nervous, the lingering nervousness from Friday's sharp sell off may keep us range bound. But, stop thinking short term, just hold on to your GOOG, buy this dip and profit. CB