Google Is The New Microsoft
By Bret Jensen:An analyst on CNBC had an interesting take on Google (GOOG) Tuesday. He compared Google today to Microsoft (MSFT) in the late 90s, when it entered into a "lost decade" as far stock price appreciation goes. It was a provocative thought. After looking at it though, it seems to have some validity, and Google holders could have years of disappointment ahead of them. Bear the analysis out. First, it already appears that Google is halfway through a "lost decade," judging by their stock chart.
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In addition to a stock that has gone nowhere in five year, Google today and the old Microsoft share some other traits.1. Both started to slow appreciably when they hit got to over 30,000 employees.2. Both became huge targets for regulators both domestic and abroad. Among other actions recently on this front:
- a. The company got hit with a fine for