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

To: Cyprian who wrote (8524)	3/7/2006 8:28:46 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 15857

well the highest revenue estimate is 9.3 billion that I have here. The average is 9.1 billion, so thats a 400mm increase. But irrespective of that, the real problem is this is yet another screwup. It was reported very poorly though initially, as if GOOG was forecasting a miss in their reports, when this is actually an increase in expectations. I think the stock sold off on the screwup factor anyway though. It bounced pretty hard off low 340s again. If it can generate $9.5 billion in revenue this year, Google will outstrip the pace envisioned by some of its most bullish supporters. For instance, Piper Jaffray analyst Safa Rashtchy, who believes Google's shares will reach $600 this year, expects the company to earn $2.4 billion on revenue of $9.3 billion this year.