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Post# of 704047
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madrose1

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madrose1

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Re: zentman post# 449623

Thursday, 01/12/2006 7:10:48 AM

Thursday, January 12, 2006 7:10:48 AM

Post# of 704047
GOOG see blow-out Q4 but limited upside given current valuation-OP@CIBC

The firm's Q4 estimate is $1.98 (consensus $1.75) and they expect revenues to increase 33%. CIBC believes recent ad platform initiatives are contributing to GOOG's blow-out second half of 2005 and they have raised their target to $540 from $400. However, they recommend purchase under $450 citing a challenging near-term valuation due to tougher comps and higher execution risk in 2006.

Know how to make God laugh?
Tell Her your plans ....

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