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Re: Google Posts 60% Gain in Earnings

  • Subject: Re: Google Posts 60% Gain in Earnings
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sat, 22 Apr 2006 03:42:13 +0100
  • Newsgroups: comp.os.linux.advocacy
  • Organization: schestowitz.com / MCC / Manchester University
  • References: <1145651728.645943.12350@v46g2000cwv.googlegroups.com> <QqydnR1DGNlowtTZnZ2dnUVZ_s6dnZ2d@speakeasy.net>
  • Reply-to: newsgroups@xxxxxxxxxxxxxxx
  • User-agent: KNode/0.7.2
__/ [ John Bailo ] on Friday 21 April 2006 23:43 \__

> nessuno@xxxxxxxxxxxxxxxxxxx wrote:
> 
>> "Google returned to favor among investors yesterday as its profit for
>> the first quarter increased 60 percent, well above expectations.
>> 
>> "Three months ago, the company disappointed investors, even though its
>> profit grew 82 percent, and its stock sagged. This time, Google's
>> ascent was enough to satisfy."
>> 
>> This is the company Ballmer said wouldn't exist in 5 years.  According
>> to what I hear, they run on 250,000 Linux servers.
> 
> Unfortunately, the stock price and growth is based around more like 600
> percent growth rates.  60 percent is high, but high as in high Fortune 500,
> not super high tech growth stock.   I expect Google to drop back a lot
> soon.

Based on what?

Roy

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