I predict Google will miss earnings for the very first time in 2007 and when they do, it will be so ugly that it will make the ugly stick look handsome..
A drop of 30% or more in a single day but which earnings report in 2007, I dunno..but until then, it will go over $500.00.
07:20 GOOG Google reinstated with an Outperform at Credit Suisse- tgt $600 (489.30 ) *****
Credit Suisse reinstates GOOG with an Outperform and a $600 tgt saying YouTube now positions Google as the top online video destination globally. According to comScore, The firm says while impact of copyright issues is the key risk in the YouTube acquisition, we believe proactive moves made by both companies should limit that risk. They also say successful monetization of YouTube traffic could add $160 mln in revenue in 2007.