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7 pts

Opinion on  Google Inc (GOOG)     Sector: Technology  >  Industry: Computer Services
GOOG Goes Sideways

Feb 07, 2008 08:05 PM UTC

Fundamental Analysis  

This is an update to earlier rating. After calling a STRONG SELL at $610, I'm now upgrading GOOG to HOLD. Two of the three stooges -- the boy geniuses -- will be in transition for some time to come. Married, talk of babies, distractions, suspicions, and jealousies like never imagined. Who could have imagined that all the money in the world and paradise island weddings can't buy absolute Trust and Loyalty, eh?

While I truly do believe that this is at best a $300 stock (along with BIDU and others), I also understand that the market gets what the market wants, so it may be quite some time (ten years) before we see those levels. GOOG *will* face the same realities that IBM and MSFT had to face -- growth is not forever, nor is leadership.


GOOG:  This call was made on 02/07/08 @ $507.72
Rating:   Neutral/Hold   $507.72 (02/07/08)
Closed:   03/18/2008 @ $428.98001 (-15.51% in 40 days)
Target:   $510.00 (+0.45%) in Three months


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Who voted on this idea?
Astukphoto
Armin Stuk 26% 02/08/2008



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metavalent stigmergy previously rated GOOG
Negative +24.19% Should have kept my initial SELL
03/18/2008
1
Negative +9.41% Bearish on GOOG ...
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