GOOG: Google's Death Spiral In China

Google's Death Spiral In China
by Ivan.Tang

The 8.45% drop of share price last week has pulled Google (GOOG) down to earth and reminded investors that its 39% surge in share price between mid-June and early October to an all-time-high of $774.38 was just due to the fantasy of some investors. Those who said earlier this month that Google will go up further have just overlooked the fact that the exit of its search engine from China early in 2010 has already crippled its long-term share performance and will hurt its revenue growth in a few years time. read more »

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