Friday, March 3, 2006

Growth or Death!

I probably will never "get" how stocks perform. About all I know is that the prices are driven by people. Skittish people. Who don't apparently have the ability to analyze things. And I will never get the whole growth thing. What exactly is wrong with a company that has zero growth but consistent earnings and demand for its product? I'm a couple of days slow posting it, but Google raised the inevitable possibility that it's growth this year won't be astronomical. Its stock took an immediate beating, of course.

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