S&P Downgrades Google stock from 'Buy' to 'Sell'

Discussion in 'Apple, Inc and Tech Industry' started by aohus, Aug 16, 2011.

  1. aohus macrumors 68000

    Joined:
    Apr 4, 2010
    Location:
    sky
    #1
    Forbes

    Overall, Google stock is down 4.8% since the Googorola announcement
     
  2. patrick0brien macrumors 68040

    patrick0brien

    Joined:
    Oct 24, 2002
    Location:
    The West Loop
    #2
    First thought upon the announcement of the acquisition: "Well, there are reasons Moto spat them out last year..."

    Second thought upon the announcement of the acquisition: "Oh, boy this is going to be fun to watch..."
     
  3. imahawki macrumors 6502a

    Joined:
    Apr 26, 2011
    #3
    I've been getting into lots of debates with the office Phandroids... my general perception is that this was a knee-jerk reaction. Emotional, "vengeful" reactions are things I expect to see on internet forums, not corporate board rooms (at least not for well run companies, which may be what S&P is thinking).
     
  4. gkarris macrumors 604

    gkarris

    Joined:
    Dec 31, 2004
    Location:
    "No escape from Reality..."
    #4
    Who knows, it may be like the Northern Telecom deal where Google just wants the patents and to keep the system open, just not make handsets?

    Motorola was spinning everything off for a reason... :eek:
     
  5. Melrose Suspended

    Melrose

    Joined:
    Dec 12, 2007
  6. Tiggs macrumors 6502

    Joined:
    Jul 6, 2011
    #6
    Even with the drop today, GOOG still overpriced compared to AAPL using any value metric. So tempting to short GOOG...
     
  7. nylonsteel macrumors 6502a

    nylonsteel

    Joined:
    Nov 5, 2010

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