any forecasts, GOOG will go beyond $ 670 levels ? Cause recently it
spiked to that range and pulled back.

is Europe crisis drastically affect it's 2011 performance ?
suggestions welcome.

Suggestions about trading and target prices is a dangerous game and
one best left to the crystal ball gang (aka, analysts), who seem to
get it wrong just as often as they get it right!  I have seen target
prices on Google range from $ 625 to $ 800, but what value do they
hold for the individual investor if the track record of the analyst
making the prediction is so mediocre?

If you asked the question to me whether Google's earnings power
justifies a higher share price, I would say yes. Trading at between 15
to 16 times estimated 2012 earnings of approx $ 40 per share, recent
growth of sales and earnings at Google has been tracking above 30% so
if this gap were to close with its trading multiple rising closer to
its earnings performance, the shares should move higher.

Google is sitting atop huge opportunities for growth in these areas:
1.  Mobile: should soon be a 10% revenue contributor to Google with
mobile search becoming increasingly significant.
2.  Social:  search and social integration in early innings with newly
launched Google + Search your world.
3.  Local: the local ad market in the US last year was worth $ 70
billion and an increasing portion of this should migrate to the
internet (currently $ 12 billion).
4.  TV/Video ads moving online.  TV ad spend last year was $ 58
billion in the US vs $ 32 billion for the internet.  Think Google TV.
Think Motorola Mobility for set-top boxes.
5.  Cloud computing:  Google Apps announced today a huge win of
110,000 users at Banco Bilbao, Spain, increasing GA totals of 4
million businesses and 40 million users of GA, with many users now
paying customers.

Google has said that it is not immune to economic slowdown such as in
Europe.  Macro-economic events and regulatory reviews and patent
litigation will continue to provide headline risk.  The fundamentals
and growth drivers at Google seem on firm ground.

Just my 2 cents, since you asked.

On Jan 11, 3:08 pm, Thiru <tsadago...@gmail.com> wrote: