GOOGLE - various
This first article that follows is from the NY Post...
$200 GOOGLE COMPUTER WILL RUN WITHOUT MICROSOFT
January 4, 2006 -- As Google bounds ahead in giant steps toward tech-world domination, Wall Street is cheering its shares on toward a Silicon Valley record of $600.
The runaway success of Google is expected to crest later this week in a surprise announcement that could unveil the company's own $200 version of a personal computer that runs without the Microsoft program, and is sold from the shelves of Wal-Mart stores.
A single analyst led Google's pep rally yesterday with a forecast that shares would reach $600 this year — as much as a 45 percent gain. The stock already has quadrupled since its IPO at $85 a share two summers ago.
Although Google thrives as a single-product company — a search engine — Piper Jaffray analyst Safa Rashtchy said Google's biggest riches lie ahead in its emerging role as a pipeline for new products.
"People are becoming much more comfortable using Google as a broader Internet destination, not just a search engine," Rashtchy told Bloomberg.
Google shares already doubled last year, and have exceeded all Wall Street forecasts on sales and profits. Shares jumped nearly 5 percent yesterday to $435.23, up $20.37.
If the company successfully launches a new PC-style device at the industry's big trade show Friday in Las Vegas, Google could be on its way to upsetting Microsoft's dominance, say analysts.
"That would help Google cripple Microsoft by targeting their bread and butter," said Internet industry analyst Chris Winfield of 10e20.
Google last month outmaneuvered Microsoft's year-long effort to plant its flag on AOL territory and shuttle online ads there. Instead, Google bought a 5 percent stake of AOL from Time Warner for $1 billion, and in so doing got the rights to funnel ads onto AOL.
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From Light Reading (via Briefing.com)...
Light Reading reports that Google/GOOG and Wal-Mart/WMT are both denying reports that the two are planning to market low-priced, Google PCs via Wal-Mart stores, as first reported by the LA Times on Monday. "We have many PC partners who serve their markets exceedingly well and we see no need to enter that market," a Google spokeswoman told the publication. Story does note the possibility that Google may partner to build some type of Google home device, but not a full-blown personal computer product.
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Henry Blodget (yes, that Henry Blodget) delves deeper into (Piper Jaffray analyst) Safa Rashtchy's research comments...
By the by, I have been reading Henry's blog comments (the Internet Outsider) for several months and am more than impressed; he 'gets' it. Thus, I am adding a link to his site in the sidebar. You, too, should include Henry's comments as part of your daily web reading. And anyway, in this life, everyone deserves a second chance, eh?
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Om Malik re Google and CDMA...
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In the chart below, please note only one item...
$200 GOOGLE COMPUTER WILL RUN WITHOUT MICROSOFT
January 4, 2006 -- As Google bounds ahead in giant steps toward tech-world domination, Wall Street is cheering its shares on toward a Silicon Valley record of $600.
The runaway success of Google is expected to crest later this week in a surprise announcement that could unveil the company's own $200 version of a personal computer that runs without the Microsoft program, and is sold from the shelves of Wal-Mart stores.
A single analyst led Google's pep rally yesterday with a forecast that shares would reach $600 this year — as much as a 45 percent gain. The stock already has quadrupled since its IPO at $85 a share two summers ago.
Although Google thrives as a single-product company — a search engine — Piper Jaffray analyst Safa Rashtchy said Google's biggest riches lie ahead in its emerging role as a pipeline for new products.
"People are becoming much more comfortable using Google as a broader Internet destination, not just a search engine," Rashtchy told Bloomberg.
Google shares already doubled last year, and have exceeded all Wall Street forecasts on sales and profits. Shares jumped nearly 5 percent yesterday to $435.23, up $20.37.
If the company successfully launches a new PC-style device at the industry's big trade show Friday in Las Vegas, Google could be on its way to upsetting Microsoft's dominance, say analysts.
"That would help Google cripple Microsoft by targeting their bread and butter," said Internet industry analyst Chris Winfield of 10e20.
Google last month outmaneuvered Microsoft's year-long effort to plant its flag on AOL territory and shuttle online ads there. Instead, Google bought a 5 percent stake of AOL from Time Warner for $1 billion, and in so doing got the rights to funnel ads onto AOL.
---------
From Light Reading (via Briefing.com)...
Light Reading reports that Google/GOOG and Wal-Mart/WMT are both denying reports that the two are planning to market low-priced, Google PCs via Wal-Mart stores, as first reported by the LA Times on Monday. "We have many PC partners who serve their markets exceedingly well and we see no need to enter that market," a Google spokeswoman told the publication. Story does note the possibility that Google may partner to build some type of Google home device, but not a full-blown personal computer product.
---------------
Henry Blodget (yes, that Henry Blodget) delves deeper into (Piper Jaffray analyst) Safa Rashtchy's research comments...
By the by, I have been reading Henry's blog comments (the Internet Outsider) for several months and am more than impressed; he 'gets' it. Thus, I am adding a link to his site in the sidebar. You, too, should include Henry's comments as part of your daily web reading. And anyway, in this life, everyone deserves a second chance, eh?
--------
Om Malik re Google and CDMA...
--------
In the chart below, please note only one item...
[click image to enlarge]
At point "A", you will find two arrows; one points to the fact Google/GOOG closed yesterday still 2.5% beneath its all time high -- but the Daily Graphs line of relative strength ranking has broken out to a higher high, in advance of new highs in price. This signal typically is bullish.
Please recall the last time I shared this 'clue' with you: early-April 2005. Google/GOOG shares were not then the poster child for universal investment love as they are today, and the share price subsequently powered higher -- much higher. Thus, another higher high (price) will occur soon.
posted by David M Gordon | 5:21 AM
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