GOOG: Google : fatal flaw

» smile_1 - fatal flaw

if analysts start cutting forward earnings for GOOG - and you know they will:

1) Fed has one more hike @ 25 basis pts
2) search.yahoo.com ramp is coming
3) search.msn.com ramp is here
4) click fraud
5) non divirsified earnings stream where barrier to entry is not that great.

I still think Google has the advantage in search engine algorithm but the gap is closing fast.

Bottom line could see forward earn. of 6.5 not 8.76

price on goog could be below 200 in 3 to 6 months.

I bid 28.5 in after hrs for 100 shares just for laughs

-- posted by smile_1