Posted on 02/12/2006 9:59:46 PM PST by george76
Google slides on gloomy report
Google Inc. fell 3.9 percent before the bell on Monday after Barron's financial weekly said that shares in the Web searcher could face a further 50 percent decline.
Shares in Google slid $14.11 to $348.50 on the Inet electronic system from a close of $362.61 on Nasdaq.
"That would make the stock worth $188, versus its recent $360," Barron's reported.
http://today.reuters.com/news/newsArticle.aspx?type=newsOne&storyID=2006-02-13T133248Z_01_N13211616_RTRUKOC_0_US-MARKETS-STOCKS-GOOGLE.xml
Google is "too cozy" with interests you don't support. Do you shop at wal-mart? They are pretty intimate with the Chinese so I've heard.
Also, your presence on FR implies you are conservative, so I'm going to make an intuitive leap and guess that you are all for capitalism and the free market.
Doesn't that leave Google, Yahoo! et al. free to do business with whom they choose within the boundaries of our laws?
Oh... by the way. Capitalism and free markets are themselves "liberal" institutions in the true sense of the word. They aren't the status quo.
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