Feb 28, 2006

Declare Victory and Get Out

Shares in internet search giant Google fell 10% on Tuesday after finance officer George Reyes said overall growth was slowing. He told investors at a conference that the company would have to find new ways to grow revenues. Nearly all Google advertising revenue comes from a pay-per-click ads system. Shares in Google were down more than $39 to about $350 on Nasdaq, and dragged down shares in rival Yahoo by 3% to $31.74. Uh huh, don't make me post about you again! Although, I won't be happy until you're trading at a tenth of that; baby steps.

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