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To: KwasiOwusu

Hey clown, read tonight's news. BuWahahahahahahhahah!

Google stock is up almost 10% tonight!!

No wonder Microsoft is so desperately stealing Google's formula.

-- ---- ---- ---- -- ---- --- --

Reuters
Google Ads Send Profit Up, Shares Soar
Tuesday February 1, 8:07 pm ET
By Lisa Baertlein


SAN FRANCISCO (Reuters) - Web search leader Google Inc. (NasdaqNM:GOOG - News) posted quarterly earnings on Tuesday that blew past expectations on strong Web search advertising, driving its share price up almost 10 percent to a record high.

The earnings were seven times higher than a year earlier on revenue that doubled to more than $1 billion.

"Our international businesses are essentially on fire," said Google Chief Executive Eric Schmidt, who added that Britain led growth, but that Ireland and Scandinavia were also big contributors.

Advertising revenues also expanded in the United States but they grew even faster offshore.

Google reported net income of $204.1 million, or 71 cents per share, in the fourth quarter, compared with $27.3 million, or 10 cents per share, a year earlier.

Revenue soared to $1.03 billion from $512.2 million, beating analysts' average estimate of $962.4 million, according to Reuters Estimates.

On average, analysts had forecast net income of 57 cents a share. Excluding items, such as stock-based compensation, analysts expected 77 cents per share versus the 88 cents delivered by Google on that basis."


181 posted on 02/01/2005 5:35:59 PM PST by HighWheeler ("There is nothing worse than self-deception where the deceiver is always with you." - Randi)
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To: HighWheeler
Saw that already.
Netscape had similar results too.
The Internet bubble is nothing now.
It led to the stock market collapse in 1999 and 2000.
One thing history teaches us of course is, people never learn from history.
193 posted on 02/02/2005 7:11:19 AM PST by KwasiOwusu
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