Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

AVG Technologies (AVG -2.2%) spikes lower after SA contributor Eiad Asbahi states Google is...

  • Thursday, January 31, 2:04 PM ET
    AVG Technologies (AVG -2.2%) spikes lower after SA contributor Eiad Asbahi states Google is planning search toolbar policy changes that will do a number on AVG's toolbar revenue (45% of total). Whereas AVG's toolbar automatically makes AVG search (Google-powered, but featuring AVG ads) a user's default search engine, Asbahi expects a pending change will require users to specifically opt in. Also, pending browser changes will make unintentional toolbar installs harder to come by. He gives the company a valuation of $8.50-$10/share, well below current levels.
Track new comments on this story

This news story has 1 comment:

  •  
    Earning announcement for 4th quarter is today on Februrary 21st 2013
    21 Feb, 11:46 AM Reply Like
LATEST|
TODAY SO FAR|
YESTERDAY
Other date
DJIA (DIA) S&P 500 (SPY)

TECH ETFs IN FOCUS

Latest Tech Articles
More Latest Articles »