Stop the Internet

tfinch2

Lifer
Feb 3, 2004
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6.8%? Meh. VMware had 80% revenue growth, but missed projected sales by a mere 5 million. Stocks plummeted ~30%.
 

mugs

Lifer
Apr 29, 2003
48,920
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It's all those people who use the $10 GCO discount multiple times. ;)
 

EKKC

Diamond Member
May 31, 2005
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what goes up must come down.

they're not as bad as yahoo. yahoo is only going to go downhill from here. google still has room for growth, they got hit by recession fears and less business spending (which cuts into their ad revenue)
 

thepd7

Diamond Member
Jan 2, 2005
9,423
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eh...I just started for a great company monday. Their Q4 report came out wednesday and was a record high in revenue and profit I believe. But the higher ups went conservative on their predictions for Q1 and got downgraded. Boom, 12% drop on wednesday. Doesn't affect me since I don't have any stock in them yet but it's just crazy how it can take a dive like that. And this isn't a small company.

Oh yeah, and the group that downgraded them? Citi...lol.
 

BrownTown

Diamond Member
Dec 1, 2005
5,314
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Well, stocks going uip and down is nothing new, but so far as I am concerned the whole Google stock price is a giant bubble waiting to burst, people gobble it up because its the new "IT" thing, but I just don't see where the actual company can meet the expectations of being some sort of internet God like everyone thinks it is. Whether or not this is the day who knows, but I think soon enough it will go down the crapper.