Tuesday, January 31, 2006

Just notice I'm glowing. Just watch and keep growing

Pen wobbles on paper, Hypnotiq, I'm chaser
I spit the escape for prisoners of paper
-Lyfe & Nas, "Must Be Nice (Remix)"
With meteoric success comes meteoric risk. One of the aspects of the stock market that always irked me was how the 'analysts' make their own predictions and companies are benchmarked against those estimates. Take Google for instance, who has seen its brand become a verb. They missed the Wall Street profit target for earnings per share, and thus saw their market valuation (share price * shares outstanding) drop by $15.3 billion. Yes, b!tches...billions. In the few months that is became a pubic company, it has embodied all of the extremeties of the investing. I need to holla at Fidelity.

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