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Alphabet Inc. Message Board

  • investora2z investora2z Apr 17, 2013 2:33 PM Flag

    Results will determine the near term trend

    With earnings round the corner, Google investors will shortly be getting a confirmation on the near term trend of the stock. If the results beat estimates, the 50 DMA of $807 may be taken out. However, if there is disappointment, the 200 DMA of $745 may be tested. The next few quarters will be even more interesting as the Glass will be out, and a good response will add significantly to confidence. On the flip side, if it turns out to be a damp squip (more of a funky eyewear rather than a useful gadget), the sentiment may be shaken. Google has been under fire for its privacy policy and its alleged arrogant attitude in handling some patent infringement lawsuits. The lawsuits are going on around the world and the company is in the process of settlement / litigation with the EU on its privacy policy and abuse of dominance. Its lawsuit against Vringo (VRNG) is also entering a decisive phase and there was some good news on this front for Google yesterday. Even companies like Facebook (FB) and LinkedIn (LNKD) are facing lawsuits by smaller companies like Bascom Research. The company is owned by Lexington Technology Group (LTG) which is in the process of a merger with Document Security System (NYSE:DSS). As per a report published by patent lawsuits researcher JP Moreno, “The next generation of the internet, referred to by many as “web 3.0”, involves many advanced concepts including open technologies and distributed databases. The Bascom patent portfolio is at the heart of this intelligent evolution.”. Similarly, with Glass, Google has to remain extra careful. There is a good probability that it will receive numerous applications requesting for licensing, with some threatening to file lawsuits for infringements. This is because patent monetization has become a business model in itself, and the bigger technology companies are the prime targets.

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