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Technology Stocks : Google - Moderated - Information and discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: KeepItSimple who wrote (118)	9/19/2006 2:25:56 PM
From: marc ultra	Read Replies (2) \| Respond to of 348

<<He started that back when GOOG was at 370, and his followers pumped it up to 420 yesterday>> You're being foolish as usual. Cramer may get an ultra-short term bounce off his picks but that's even diminished somewhat for all his picks in general. Causation was due to analyst's positive reports and raising their target as GOOG is now seen as at a compelling valuation. It was reports by analysts like Jordan Rohan at RBC, who Cramer mentioned, and others that has been driving GOOG up. We've seen numerous times in the past where Yahoo fundamental problems dragged GOOG down transiently only to prove to have been GOOG buying opportunities as the facts end up showing GOOG either unaffected or in having taken market share from Yahoo. GOOG's price weakness prior to it's current run up was largely caused by a perception of weakening market share per some monthly data. Very reasonable reasons why those transient readings were misleading have been pointed out and Lizzie has also pointed out some more recent data contradicting any meaningful market share loss. We will see the real situation when GOOG next reports. Maybe we'll here how GOOG is declaring bankruptcy because of weakness in the ring-tone business or click fraud or whatever your perseveration of the day is.