Forum Moderators: goodroi
...our 12-month target price stays $428. We think Google still faces notable risks, including revenue concentration, rising competition, and click fraud.
First caught this on CNBC this morning. S&P can be wickedly influential.
The Tokyo Stock Exchange has been in a tumble thanks to the collapse of Livedoor Co., and the exchange halted trading for the second time in its history yesterday afternoon Bloomberg [quote.bloomberg.com] reports.
This has created a ripple effect, and the NASDAQ is down pre-opening.
I know most people still have Goog as a "buy", but if you're holding, now's the time to keep an eye on things.
