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marketmaven

09/28/04 4:02 PM

#302459 RE: lemming #302436

Lemmings upgrade GOOG- Jammed to $127.40 on WHAT NEWS?

Bear Searns- 14Sep04 (GOOG) [$15 above a 2005 YE Target,HUH?]
Coverage Initiated with a Peer Perform
We are initiating coverage of Google with a Peer Perform rating and a $112 2005 year-end price target. Google is a global technology and Internet search engine leader powering greater than 50% of all Internet searches. The company`s gross revenues (~$3B est. in `04) are primarily derived from advertising placed next to search results.