Its stock rally is being fueled by increasing optimism that Google will finally succeed in branching beyond search-related ads
by Catherine Holahan
Those predictions that Google's stock would hit $600 aren't looking quite so outlandish any more. Not after a blockbuster third quarter and optimism that buying video downloading site YouTube will help Google conquer a whole new area of Internet search. The stock price has surged 11% in the past five days alone, closing at $473.31 on Oct. 24.
http://www.businessweek.com/technology/content/oct2006/tc20061024_318265.htm?campaign_id=rss_daily
by Catherine Holahan
Those predictions that Google's stock would hit $600 aren't looking quite so outlandish any more. Not after a blockbuster third quarter and optimism that buying video downloading site YouTube will help Google conquer a whole new area of Internet search. The stock price has surged 11% in the past five days alone, closing at $473.31 on Oct. 24.
http://www.businessweek.com/technology/content/oct2006/tc20061024_318265.htm?campaign_id=rss_daily
