Monday, January 03, 2005

Weekend Whisper: Google

Those who failed to grab Google (GOOG: NASDQ) at the IPO are probably still beating themselves over the head for failing to act. I know I am, especially after Sunday when Google founder Sergey Brin and Larry Page appeared on a 60 Minutes special. I found the report to be very provocative--they reexamined how Google was born and where the nascent internet company is going. Things look good, at least that was the impression I got from the report--CEO Carl Schimdt seemed very poised amidst questions concerning Microsoft's planned attack on the tight knit company that recives over 1,000 resumes a day and promotes total creative freedom at the worksite. Furthermore, the show detailed all the cool--and I mean COOL--things Google has cooking in their pipeline. Most promising--a search system for cellular phones, which is already in beta stage. No one knows whether Google will one day run the world, but one thing is for sure--there stock price still is. On Monday, Goldman's top tech analyst Anthony Noto reiterated his outperform rating on the maestros of search; the shares immediately jumped 5%.

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