Filed under: Competitive strategy, Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Bargain stocks, Chasing Value, Stocks to Buy, Best Stocks for 2008

After years of ranting and raving that Google Inc. (NASDAQ: GOOG) was over priced and that investors and speculators alike were at risk I finally did an about face this week. The big GOOG made my Chasing Value column earlier in the week Chasing Value: Is it Google time? when it dropped below $500 per share. Contrarian that I am, when everyone else is losing heart I think perhaps reality takes hold. One tenet of contrarian investing is that nothing is ever priced right!

So this week I sensed an opportunity was at hand and could not resist blurting it out. In a down week and down day Google is up, so far so good. Microsofts (NASDAQ: MSFT) offer to buy Yahoo Inc. (NASDAQ: YHOO) in a hostile bid Microsoft attacks: going after Google not Yahoo did not faze Google. There are many that think MSFT is making a mistake by overpaying and will not see the return on investment that shareholders should expect.

Continue reading Chasing Value: Google looks to end the week higher

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This entry was posted on Saturday, February 9th, 2008 at 3:32 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.