Google (GOOG) Shares Likely Have Further To Fall

March 10, 2008 9:32 AM EDT
As analysts take down Google's (Nasdaq: GOOG) future EPS estimates because of a slower advertising environment, expect Google to fall further. Barron's also took a brief look at this in the weekend's paper. Although, ComScore's reported 39% increase in U.S. search queries, the number clicking on advertisements fell 0.3%, which doesn't bode well for GOOG in Q1. [JT]

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