Wednesday, February 02, 2005

Shorting Google: "According to my National Post column of a few weeks back, this is the time to short Google. The search company delivered earnings that beat analyst consensus by 10 cents, which is a lot, but not a-lot-a-lot, if you know what I mean. While I am still very fond of the company, it would surprise me very little to see the combination of post-release trading drift, nervousness about Microsoft's just-outta-beta search tool, and Google shares coming out of lockup, lead to weakness in Google stock for a spell."—Paul Kedrosky (UCSD)