Weekend press has been positive for Google.

Barrons article this weekend suggests dumping Yahoo shares for Google:

http://online.barrons.com/article/SB125633653653704691.html?mod=rss_b...

Barrons believes that Yahoo is losing more ground to Google and its
shares are an obvious sell.  At $17.22 and eps estimates for 2009 of
62 cents, shares are trading at p/e of 27 times for a company that has
falling revenue and traffic acquisition costs that are too high.
Barrons says it is a turnaround story "only for the brave".

New York Times has run positive stories about the money making machine
that is Google and has written positively about the momentum behind
Android. Article says that cellphone manufacturers dumping Windows
Mobile in particular, for Android.

Comments?

modelportfolio2003

Seems yesterday's reversal intraday and after market drop of $5 to
$549 might be tied to the news from Baidu (China).  Baidu is changing
their advertizer model on December 1 and expect smaller revenues in
fourth quarter than analysts expected due to time it will take to
convert remaining clients (30%) to new system and expect advertizing
revenue to be more constrained during this changeover.  This one or
two quarter effect should lead to a re-acceleration in 2010 and
therefore while revenues delayed, nothing fundamental has really
changed in the Baidu story, IMO.  I expect Baidu will provide inter-
quarter update to assure investors.  Meanwhile, this news has little
or nothing to do with Google as it is company specific to Baidu, so if
the early weakness is tied to the Baidu news, it should create a
buying opportunity IMO.

Comments?

On Oct 26, 3:58 am, modelportfolio2003 <steve.alt...@gmail.com> wrote: