Google’s stock continues its swan dive. It wasn’t that long ago that some bloggers (well, one blogger) were thinking Google could hit $2,000/share. I scoffed, although to his credit Blodget did say it could take 10-15 years for it to happen.
Three months later and Google’s lost $100 billion in market cap. What say you now, Mr. Blodget?
By the way, putting this one absurd prediction aside, I continue to love Silicon Alley Insider (and not just because of this). It has quickly become one of my must-read blogs.