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Google A Speculation, Not An Investment

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Google was as good as gold in 2005, but any cracks that appear in the Googleplex facade could send hedge funds fleeing for safer pastures and pressure shares of GOOG downward.

Google A Speculation, Not An Investmentfourth quarter earnings announcement, the Wall Street Journal featured Google in its most recent "Google and gold are speculative trading instruments, not investments," said Vitaliy Katsenelson, manager of Investment Management Associates, a Denver-based money manager. "It is hard to imagine buying Google or gold and holding them for five years at these prices." Email the author Del.icio.us") | Yahoo! My Web David Utter is a staff writer for murdok covering technology and business.

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