Sufiy.: RIMM dissappoints and tanking, will Google GOOG be next to miss?

Thursday, September 25, 2008

RIMM dissappoints and tanking, will Google GOOG be next to miss?

Bailout is like Prozac keeps everybody happy until you remember the reason: Economy is in a grave danger. Google particularly exposed:
1. Even before recent market blow off its growth rate was deteriorating. With Financial sector under water its revenue streams are definitely effected.
2. Multiple market cap to FCF is unsustainable in a Bear market and nobody even The President is not questioning it any more.
3. US Dollar rally takes it toll on non US revenue and it will be lower this Q.

Bear Case continued:

http://sufiy.blogspot.com/2008/07/google-goog-bear-case-contunued.html

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