Thursday, January 20, 2005

Company: Google
Ticker: GOOG
Purchase Price: $194
Current Price: $194.27

Company was trending towards $200 (w/ YHOO and other advertising guys reporting good) until eBay's big earnings miss, which rocked the stock 18%. Hopefully GOOG will impress wall street again w/ positive Q4 earnings and a very good 05 outlook. My guess is they will begin rolling out premium services in Q2 and later (a la Picasa 2, Maps / Keyhole, Local search), shying away from reliance on their ad revenues. Noto at GS has a buy rating and price target of $215. Others have consequently raised their previous limits in the past. I'm hoping to ride this one up past 210 and beyond.