Does anyone think that all of the rumors surrounding the telephone companies threatening to limit Google's bandwidth will have an impact on after hours? All this BS is starting to scare me... makes me think that big brother will own/control the lines in no time. (and I'm not talking about $G)
I think google has more problems than bandwith limiting. The stock is going down, one reason or another.
Google's PE ratio is too high. It means investors expect too much in the way of earnings growth. The second the company doesn't hit or surpass these numbers, the stock has a meltdown. I think the stock is filled with dumb money investors.
Just FYI - if anyone is interested in the correlations (negtive and positive) of GOOG compared to other stocks, check out http://www.deepmarket.com/correlation/goog - I just ran a correlation over the last year to see what showed up.
Google shares may fall another 50 pct-Barron's Sun Feb 12, 2006 1:25 PM ET SAN FRANCISCO (Reuters) - Shares of Web search leader Google Inc. (GOOG.O: Quote, Profile, Research) -- 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. full article here : http://today.reuters.com/news/newsa...12163622_RTRUKOC_0_US-GOOGLE-STOCK.xml&rpc=23