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Wednesday, January 11, 2006
BUY BUY BUY - GOOG
Okay Guys .. Here is my take on GOOG
Google will own the whole of our telecommunication network !!
1. Google is buying optical fibre from all over the place. They are trying to find people who are experts optical networking. They plan to set up a Free Wi-Fi/WiMax network.
2. They have Google Talk - What does it do ? It lets you talk to people for Free ! - Can be made a IP Phone software.
3. Now since they own the software and the netowork, they can track individual users - about their location, etc. What can you do with that ? TARGETED Advertising !! There you go Ad-Words on Phone :). When you are near a store, you might get a automated call showering you with offers about that store.
OBC - Trading Call
Date: 10/01/2006 | Company Name: OBC | Call Type: Go Long
Stop Loss/ Reversal: 263.0000
Buy/Sell Price Rs.: 273.00
Current Price Rs.: 275.05
Potential P/L%: 0.7300
Target: 290-303
Remark:
Investment Argument: The stock has witnessed a break-out from a triangle forming wave "i" and wave "ii" is unfolding as a flat wave. The stock has a strong support at Rs268. Buy the stock with a stop loss of Rs263 for targets of Rs290 and Rs303.
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