Weekend Preview
It's was another exciting week here on the Street.At the top of the list was Google's decision to raise more money from the capital markets.
They'll be doing a secondary offerring, with which they'll most likely raise 3 or 4 billion dollars.
Google is cash flush, with about 2.9 billion greenbacks already stashed for a rainy day.
As we postulated yesterday, as Google breaks into more broadband-intensive activities, Catablast! Media Group thinks GOOG may take out Skype! Networks.
Apparently, Murdoch of Fox News is also interested in the revolutionary Internet-based telephony service.
As a technology analyst as the PSGroup wrote this week, ''Google is a digital services infrastructure company...The digital service they're delivering today is advertising-supported search but the digital services they'll be delivering in the future will be much more widespread."
We'll see you on Saturday for our Barrons
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