Friday, July 18, 2008

Google and MSFT kill the market.....

Google failed to please the market with a mere 30% increase in earnings. All said, GOOG's revenues actually came in a dollar below analyst guesstimates, and the stock tanked 10% in the aftermath of the report.

This economic downturn will be GOOG's first test - for the so far untouchable Larry and Sergei, this will be a huge test to see how well GOOG can do in a marketplace that does not want to spend money on the net, and instead wants to pump their dollars down a gas tank.....

More, and real stock analysis soon.

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