Scarlett Johansson Buy. Google Sell.

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Originally uploaded by benbarren.

A quote to start the day with a coffee on the balcony - as they say it's going to be 35C / 100F's all week in Melbourne, luckily I'm on the Mornington Peninsula where it's a few degrees cooler. Ain't no rush here. From thestreet.com - (founded by Jim Cramer, the original CNBC day trading firestarter). They quote "Stifel Nicolaus analyst Scott Devitt and Scott Kessler of Standard & Poor's" who are 2 of the only analysts to rate Google a sell. GOOG has obviously been making firms and people money in the same way AOL used to : "We believe Google is an outstanding company," he writes in a note to clients, but "we believe that the shares are overvalued." Devitt, who has no position in the stock, goes on to add, "Sell-side expectations have risen throughout 2005 to the point that we now see limited upside potential." Scarlett says Sell and look for a lower P/E and a secular leader in other segments (audio, video, tv maybe). I found the Yahoo conference call a good listen : especially the growth of user subscriptions (15m paying subscribers) and content (original, licensed and user generated as Semel refers to it) On google, kleiner/sequoia talk - Curry spent the latest DSC episode talking about his refound interest in Castblaster, which is exactly the tool Google need for dMarc. News at 11. Update : Scarlett mentioned from NYT : "On a price-to-revenue basis, Google is about 18 times as expensive as I.B.M."