Credit Suisse has pushed its 12-month price target on Google from $800 to $900, causing the stock to regain some of the 125 bucks it's lost to the market roiling since Google grazed $750 earlier this month. Most of Wall Street believes in its heart that Google will see a dizzying $1,000 but few have written it down. Credit Suisse analyst Heath Terry believes Google will drive out all contenders and effectively own 100% of search, which he describes as a "natural monopoly," and that all advertising, including TV, radio and outdoor, will eventually go digital using Google as its "de facto operating system." He is figuring on upwards of 35% sales growth over the next five years and at least 30% earnings growth.
jhv1blz5 wrote: The article validated SOA as an IT architecture paradigm that can be leveraged in many ways. Taking data storage, scalability and application performance to a nifty level using SOA Application Grid infrastructure will no doubt enhance data and application performance on Oracle architecture platforms, it also has the promise of a cost effective and efficient IT delivery model. The very benefits of SOA.
Jul. 3, 2009 10:31 AM EDT
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