Microsoft is way down, too.

Quoted: Google announced their Q2 results today after the market had closed. Shares are down by as much as 12% as earnings growth reported was below analysts expectations. Net income for the quarter was $1.25B, up from $925M. The company reported a profit of $4.63 per share, which was slightly below the $4.72 average expectation from Wall Street analysts.

PEG is PE/growth projections. The thing to consider is that these companies could miss their growth projections, especially if the economy tanks.

Quoted: So the next stop is the "middle 20". These are publicly traded web technology stocks with a market cap over $1 billion. In our analysis below, more than half have a PEG below 1.0, which tends to signal "bargain opportunity" to investors. (caution: of course that is only a starting point for analysis, there could be some real dogs in there).

ReFaving. Haven't check this out myself, yet.

Quoted: Quoted: Video details: Ron travels to Seattle’s Keiretsu Forum on a mission to create buzz, court investors and collect some major funds

ReFaving this Jeff Bezos speech to CMU biz school grads. Will watch later.

Quoted: Jeff Bezos, founder and CEO of Amazon.com, spoke at the Tepper School's 2008 Diploma Ceremonies. The topic of his speech was the pursuit of success via risk and failure.

Quoted: Today, Yahoo filed a presentation detailing its three-year financial plan that management gave to its board of directors in December, before Microsoft’s unsolicited bid. These rosy projections should be read in the context of that ongoing battle and Yahoo’s attempt to get a better price out of Microsoft. But this presentation also sheds some light on where exactly Yahoo sees its strengths. After going through it, vote what you think Yahoo’s board should do.

I agree. Microsoft's desire/need to sustain Windows and Office has kept it from fully embracing the power of the Internet.

Quoted: Blodgett is exactly right. As he argues, Microsoft is so focused on sustaining its massively successful core products – Windows and Office – that its approach to the Internet is inherently shackled. It has never fully embraced the dynamic power of the Internet to unleash transformative new business models. Instead, it has used the Internet in a sustaining fashion to supplement its core properties (Internet-based help for Microsoft Word, anyone?), while clinging to web 1.0 platforms like Hotmail.

Quoted: That marks the first time homeowners' debt on their houses exceeds their equity since the Fed started tracking the data in 1945.

Quoted: Marketers spend a billion dollars a year targeting influentials. Duncan Watts says they're wasting their money.

Quoted: How big is online video and music? Big enough to catapult Akamai to the top spot. Internet traffic is surging, and companies like Apple and MTV Networks rely on the content delivery company's technology to get the digital goods to their customers.