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Investing & Financing: GOOG

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      CommentAuthorEric
    • CommentTimeFeb 16th 2006 edited
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    Wow...tanked quite a bit the last couple weeks. Does anyone know what news broke that caused this? It sort of came out of nowhere.

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      CommentAuthorJustin
    • CommentTimeFeb 16th 2006 edited
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    I heard its because of stiffer competition fomr yahoo, AOL ect.....

    They are all redoing their email to somewhat resemble gmail.

    I think the lack of something new is allowing the competitors to catch up.

    I am a Young Go Getter!
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      CommentAuthorEric
    • CommentTimeFeb 16th 2006 edited
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    Yeah...they haven't been innovating quite as they used to. Uh oh... :)

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      CommentAuthorJason G
    • CommentTimeFeb 16th 2006 edited
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    I'm going to say legality issues in china are playing an extreme factor at the moment.

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      CommentAuthorEric
    • CommentTimeFeb 16th 2006 edited
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    I didn't hear about that, what's the scoop?

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      CommentAuthorJustin
    • CommentTimeFeb 16th 2006 edited
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    Yea I haven't heard of that earlier???

    I am a Young Go Getter!
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      CommentAuthordpd
    • CommentTimeFeb 16th 2006 edited
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    I think they're failing on the innovation front, but they're obviously working on something - it's what they do.

    At the end of the day the shares have gone down but they're still making a hell of a lot of money.

    I think the Chinese issue has taken a bit of the shine off them -> http://www.signonsandiego.com/news/business/20060215-9999-1b15china.html It mostly goes against their "do no evil".

    Look for Microsoft shares to improve when Vista is released, and then Google's to rebound when their OS is released. I think they other big thing is their continual consolodation. For instance, GMail now has chat. That's direct competition for Yahoo and MSN where none existed before.

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      CommentAuthorJimiHendrix
    • CommentTimeFeb 16th 2006 edited
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    GOOG and AAPL have killed me in our Investopedia contest - the only thing I have left that's profitable is a cellulose paper company.

    • CommentAuthorrvin
    • CommentTimeFeb 16th 2006 edited
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    The most interesting thing I read was how the founders of Google both sold like 20,000+ shares the day before the huge $4XX + to $3XX drop. Some loophole allowed them to do it.

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      CommentAuthorKMulligan
    • CommentTimeFeb 16th 2006 edited
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    I dunno about GOOG but I lost 25% of one stock holding today -- Educate (EEEE) runs Sylvan learning centers. Posted a loss when a .05/share profit was expected. Blah.

    Aside from that and LIN TV (TVL) everything else I bought this week seems to be doing alright.

    And this is with real money folks, not investopedia. ;)

    No Debt Plan -- Living Debt Free
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      CommentAuthorEric
    • CommentTimeFeb 16th 2006 edited
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    Sorry to hear that - hopefully you weren't heavily vested in it.

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      CommentAuthorKMulligan
    • CommentTimeFeb 16th 2006 edited
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    Nope -- nothing like diversification! And I have to remember that these are long term, buy-and-hold purchases. I really shouldn't check them every day.

    ...

    but I do. :P

    Best thing about my diversified, 5 Star Morningstar Rating portfolio? The average dividend yield is slightly above 4%. Sweet action. ((Of course this has been swayed slightly but an outlier -- New Century Financial [NEW], with a current 16.49% yield))

    No Debt Plan -- Living Debt Free

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