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Google Shares Face 50 pct Decline, Barron's Says

Online Stock Market Trading By Armando Duke

Wall Street has been expecting earnings per share of $1.25, excluding items, on sales of $989.3 million. In February, year forecast for earnings of $1.20 to $1.26 per share, based compensation. Chief Executive E. Scott Beattie said that organizational improvements in Europe and Asia, particularly China, would contribute to revenues and earnings next year.

Stock Investing Course (AXcess News) Houston, TX - Financial publication Barron's said that Google Inc. (Nasdaq: GOOG) may be facing a 50 percent share price decline based on speculation that fraud or stiff competition could affect the Internet search giant's earnings potential. Google shares already fell 24 percent in the last month after it reported lower than expected earnings results.

news, books, business, booksellers, antiquarian Comments (0) March 7, 2007 @ 17 pm Book review sections in decline by Richard Davies () There is great concern that the Los Angeles Times is going to fold its Sunday book review section into a new section also containing opinion articles. The Wall Street Journal reported that the decline in the number of dedicated book review sections in major US newspapers was because publishers didn’t wish to advertise in them anymore.

Stock Market Game In Barron's latest edition, the financial publication said that a 20 percent decline in revenue could lead to a 30 percent decline in Google's share price based on over zealous analysts estimates. Barron's said that such a drop could then lead to a declineGoogle's price-to-earnings multiple of the stock to 30 times earnings from the present P/E ratio of 41.

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Stock Investing Game Barron's said that it would make Google's stock worth about $188 compared to its recent $360 share value.

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Journal Prime Rate Street Wall Barron's story criticized Google's liberal employee stock option plan and cited competition from Yahoo! (Nasdaq: YHOO) and Microsoft Corp. (Nasdaq: MSFT) MSN search engines.

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Stock Market News Barron's story points out Google's vulnerability to "click fraud" in its online ad network and questioned the nation's no. 1 search engine from being able to prevent it.

Stock Investing Basics This week's edition of Barron's saysGoogle still faces show downs over its growing conflict with book publishers, cable and telephone companies.

Stock Investing Software Two bearish Wall Street analysts who think Google is overpriced were quoted in the Barron's story as well. Fred Hickey and former Merrill Lynch Internet analyst Henry Blodget both have "sell" recommendations on Google stock. Barron's cited Blodget's case for Google falling to $100 on his InternetOutsider blog last month in support of its story on Google's shares being overpriced.

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