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Google in After Hours Massive Selloff
walkman




msg:1236811
 10:15 pm on Jan 31, 2006 (gmt 0)

OUCH!
[finance.yahoo.com...]
After Hours (RT-ECN): 366.78 -65.8801 (15.23%)

Here are what matters to average investors--the headlines:
"UPDATE - Google profit misses Street target, shares drop"
"Google's quarterly results fall short of expectations"
"Google profit misses Street target"
"Google Earns $372.2M in 4Q, Misses Views"

Goog's valuation was and still is scary: they're worth about half of MSFT, and MSFT makes about $3 Billion a quarter in profit from a gazillion sources.

[edited by: walkman at 10:26 pm (utc) on Jan. 31, 2006]

 

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