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Subpoena Resistance Hurts Google Stock

Posted by Zonk on from the fight-for-your-right dept.

imrec writes "Google stock sees a record 8% decline shortly after news concerning the government's request for Google's search logs broke earlier this week." From the article: "'There are potentially concerns that Google could be in the cross-hairs of the Justice Department,' Kessler said. 'Investors are worried about interest rates and inflation and they felt technology stocks like Google, Apple, Yahoo and others were able to withstand these kinds of pressure. But now that ability is in doubt,'"

8 of 407 comments (clear)

  1. Easy Fix by Heliode · · Score: 5, Funny

    All Google needs to do is rename itself to Freedom Search, and all will be well...

    --
    Fox can take the sky from you.
  2. Patriot Search by Grumpy+Troll · · Score: 5, Funny

    If you feel that using Google is henceforth treason to your government then use Patriot Search!

    Thanks, your search has been recorded and will be shared with the governments of the world!

  3. Re:Two Words . . . by ceeam · · Score: 3, Funny

    Yeah, using /. for stock market advise is about as insightful as using it for pickup/sex tips... In other words it's on par with asking a blonde whore about Linux configuration, yeah.

  4. Re:Seconding the nonsense crowd by dangitman · · Score: 4, Funny
    Their current price is doing a lot to keep small investors out of owning anything but a pittance of Google stock. Does anyone with market knowhow have an explanation for why a company would let it's stock go so high when it will suffer such extremes in value during currnent market fluctiations like right now?

    To stop small investors from owning more than a pittance of Google stock.

    --
    ... and then they built the supercollider.
  5. Re: subpena by WillDraven · · Score: 2, Funny

    I find it interesting how you managed to mis-spell subpoena with it sitting on the title bar of your browser.

    --
    This is my sig. There are many like it but this one is mine.
  6. Re:For christs sake by pomo+monster · · Score: 4, Funny

    Dude, I agree with the other two guys who responded to you in this branch of the thread. And you're an asshat.

    You said you wanted an ad hominem, right? :-)

  7. Re:Two Words . . . by Red+Alastor · · Score: 3, Funny
    Professional analysts don't know anything.
    But they can tell you tomorrow why what they predicted yesterday didn't happen today.
    --
    Slashdot anagrams to "Sad Sloth"
  8. Re:Google should stick to "not being evil" by Rocinante · · Score: 2, Funny

    No, two years: one for the Rethuglicans to lose control of the Congress, another for the impeachment proceedings of Bush & Cheney to run their course.

    /me continues daydreaming...

    --
    Just trying to open someone's head! I mean "mind!" Open someone's mind, um, to the possibilities! With explosives!