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Google Profits Miss Target@!

Discussion in 'Fred's House of Pancakes' started by DaveinOlyWA, Feb 1, 2006.

  1. DaveinOlyWA

    DaveinOlyWA 3rd Time was Solariffic!!

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    not sure where to put this post... but not all that interested in Google stock (mostly cause i dont have any...bummer) but this line was extremely telling.

    after the report that had Google's net income "only" increasing 82%... the stock plummeted over 12% in after hours trading....

    from the link


    The amount of shareholder wealth shed by Google during extended trading exceeds the current market value of General Motors Corp.

    i about fell over when i read that

    http://news.yahoo.com/s/apfinance/20060201...fi/earns_google