Google Stock Begins To Deflate

The search engine company's shares have begun to drift downward since their secondary stock offering took place. Conventional wisdom on stock issuances and buybacks says companies should repurchase shares when they are undervalued, and issue more when they are overvalued. The Wall Street Journal had posited this as the reason why Google announced it would issue more stock. Elements of Google's public filings show a worry about competition, among other factors. Those factors could have an impact on earnings, especially one rumored event: state its earnings in a manner that conforms more with Wall Street expectations. Investors punished Apple recently when it announced it shipped fewer iPods than analysts expected. Apple's stock fell, despite the company here