Life As We Know IT

This blog is designed to discuss ideas between the Shirley Family and friends. Ideas dealing with all aspects of Life are welcome.

Tuesday, February 28, 2006

Google's Wild Ride

Google took a 10% hit today. Last I checked it was down 30$ to around $360 a share. All because one of the owners said at a Merril Lynch conference that Google has probably seen the bulk of its growth already. Wow! These guys have been leary in the past talking about anything that has to do with outlook for the company and when they finally do say something, investors go a-runnin'. I will be anxious to see if there are any downgrades the next few days because of these comments or if the market realizes that it may have been an over-reaction. Goldman Sachs still has a $600 a share price target. Wild ride today anyway!

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