Google Bubble Bursting?
Posted in Tech by Dan at 11:00 am
This post was published 3 years 9 months 8 days ago and its content may not be valid anymore.If you have ever listened to the podcast, you KNOW I’m not a fan of Google.
And now it seems like the world is turning on the darling child as well.
Shares of Web search leader Google – off 24 percent from highs set last month – could face a further 50 percent decline, Barron’s said in the financial weekly’s February 13 edition.
Barron’s scenario for a fall in Google’s stock is based on speculating about what may happen if mounting competition or fraud by users of its Google’s ad-buying system led to a 20 percent shortfall in bullish analysts’ 2006 revenue estimates.
I like Google though… They work hard, and treat their employees and customers very well…. I also like the new technology that they use. It’s fun.
“If you have ever listened to the podcast, you KNOW I’m not a fan of Google.”
It’s even more obvious by the usually biased posts here on UES. ;)