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Value Of ComScore's Data Is Debunked

 Apr 18, 2008 11:36 AM UTC
Return Risk
-8.92% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
ADP Negative 04/18/08 +0.30% --
SCOR n/a
GOOG Positive 04/18/08 +8.40% --

Graphic_arrow1 Via Short Stock Ideas from Seeking Alpha:  

Data
generated from ComScore (SCOR) over the past quarter led investors to
believe that ad-clicks for Google (GOOG) were weak. The GOOG
shorts/bears were using the SCOR data as fuel for sending GOOG shares
lower this whole year. All that changed yesterday after the close, when
GOOG reported stronger advertising revenues that helped to generate EPS
of $4.84 versus analysts' consensus estimates of $4.52.<!--more--> EPS grew at a
rate of 31.5% versus the same period last year.



GOOG
shareholders got some sweet revenge in after hours trading subsequent
to the company's earnings report and conference call. GOOG shares were
trading about 17% higher in after hours' activity, while shares of SCOR
dropped just over 8%.


 Graphic_website1 Read the rest of original post »



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