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Getting hammered on my GOOG calls!!!
Google is getting hammered in after hours trading for a lack of positive earnings announcement. What troubles me is that the earnings grew 123.19% year over year (over last fiscal 4th quarter of ‘04). Next quarter’s guidence is about half that…62.85 year over year numbers. I am willing to bet that GOOG will be underestimating EPS…taking a page out of AAPL’s book.
TA ACCT
Last 5 posts in Market Commentary
- Resistance is Proving to be Too Great for Major Indexes - August 19th, 2008
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