The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     

Sina Should Beat Earnings in a Google-Like Fashion

 May 14, 2008 10:02 AM UTC
Return Risk
-33.41% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
SINA Positive 05/14/08 -16.60% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  


Google's recent earnings report has laid the groundwork for the premise that internet search companies are not as linked to the overall economy as one would think. Google crushed estimates and looks headed to its old high of 700.


This should not be surprising as most internet connections are used at work, but if you lose your job as unemployment increases, there would be a propensity to be on the internet at home looking for another job or just checking baseball scores.


 Graphic_website1 Read the rest of original post »



Add Comment

Be the first to comment on this story and earn 2 points.

Your Comment



IN THE PRESS
Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch