According to http://mediabiz.blogs.cnnmoney.com/2007/09/20/google-at-600-a-share-yes-heres-why/?source=yahoo_quote google stocks have enjoyed an impressive rise this past month. Stocks are noe at$555 dollars per share. Google in now on track to surpass its all time high and reach $600.00 a share. Research done by Nielsen//NetRatings and comsScore (SCOR) , two leading web tracking firms shows that google searches have far surpassed that of its rival yahoo. Jefferies and Co. analyst Youssef Squali recently stated that googles search dominance will greatly impact its third quarter numbers which will be released in october. Google seems to be on the fast track to even greater success.
“Google remains our top pick and should continue to benefit from strong momentum in its core search business in 3Q, given gains in its search market share in both July and August, and continued strength in search queries in both months,” Squali said in his statement.
As you may or may not knowGoogle's numbers were not as good this past second quarter as they have been in the past. In fact many experts predicted a continuance in google's second quarter decline. They were all wrong and google is showing no signs of slowing down ensuring that we will have a lot to talk about in the coming months.
Thursday, September 20, 2007
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