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-- Google Finance, Govt, Policy and Business Issues
---- GOOG Stock Down 8% Today


zett - 6:59 pm on Feb 26, 2008 (gmt 0)


(Sorry, but I really really can not hide a bright smile.)

In a few years time we will say that 2008 was the turn of the tide for Google.

By then, a view back in history may probably read like this: "In Spring 2008, the first signs of Google being vulnerable were visible. It began with a weak quarterly report in January, followed by reports of slowing click activity of Adwords, Google's only profitable product. More and more analysts began to downgrade the stock, which lead to the inevitable avalanche of sales orders. Their stock dropped like a rock within few weeks. Today, the stock is trading around $8.50, a mere 10% of its IPO price, and lightyears away from its $750 all time high in 2007."

;-)


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