Stock Market Alert: GOOG Closes Out Interesting Week

Posted on Friday 13 October 2006



Stock Market Alert: GOOG closed out an interesting week, basically trading flat on Friday in a week that saw GOOG purchase Youtube.com for over 1.6 billion dollars. GOOG finished up the week pretty much where it started, at $427. Next week is shaping up to be a big week for GOOG as well, as the company is reporting their quarterly earnings. Analysts and investors will be poring over the results, to see if GOOG continues to increase its leads over its rivals, and if their online advertising business continues to be healthy. Until that report, I would recommend staying on the sidelines.



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