Open Question
bought goog yesterday, at 501n change, on jimbos rec. only bought 10 shares, but
as i looked they are dominators in there field, if they go to 480, ill dump but
i dont think they will,
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I agree that the down turn may cause a short-term slow down in the growth rate,
but the flip side is that as things turn around they will benefit to a
disproportionate extent.
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I have a little GOOG. One thing I cannot figure out is why they do not split the
stock. The stock would jump if the price were less off-putting. (Silly but
true.)
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I wouldnt touch GOOG until their next earnings report, probably not even after
that. Much slower growth in their future methinks
Answered by Peter near Matanzas Inlet
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Buy it for the long term. Its not a loss you need to take if it goes to 480
when years from now it could go to $1000
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