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

To: Cyprian who wrote (8563)	3/8/2006 11:16:32 AM
From: Cyprian	Respond to of 15857

Time For Google To Issue Guidance, Says Analyst forbes.com 03.08.06, 10:49 AM ET Following Google's accidental disclosure of old revenue targets for 2006, RBC Capital Markets called for the Internet search company to start publishing guidance. "We believe it is time for Google to issue guidance, which would reduce volatility in the shares," wrote analyst Jordan Rohan in a report today. "Issuing guidance is not 'evil,' we believe." The analyst reiterated an "outperform" and $435 price target on Google. Yesterday, Google disclosed that it had leaked parts of an internal presentation that referred to outdated gross revenue targets of $6.0 billion for 2005 and $9.5 billion for 2006. "If the timing of the leaked information is correct, it would exclude about $450 million in gross revenues from AOL," said the analyst. At the time, AOL, a unit of Time Warner, was expected to become a Microsoft paid search affiliate, according to the analyst. Rohan now believes Google's internal company targets for 2006 are now around $10 billion in gross revenues, ahead of the consensus estimate of $9.57 billion.