GOOG Earnings Miss-Implications for REDF, SIFY
Google has missed earnings and the stock is down considerably after hours. Is this bad news for REDF and SIFY?
No.
Why? GOOG is based on Search. REDF and SIFY are full fledged portals, media companies, with search contributing a small portion to their top and bottom line. The Stocks might be down tomorrow, but this doesn't change the fundamental story of India, or the Internet sector of India, REDF and SIFY being the leaders there.
So no need to dump those REDF SIFY shares tomorrow. Just wait. If they go down a lot, it might be a good time to get in....
Stock Market Trading Profits are made at the expense of nervous investors who buy/sell based on impulse and not on fundamental and macro analyses of market forces.
Sanjay John G.
No.
Why? GOOG is based on Search. REDF and SIFY are full fledged portals, media companies, with search contributing a small portion to their top and bottom line. The Stocks might be down tomorrow, but this doesn't change the fundamental story of India, or the Internet sector of India, REDF and SIFY being the leaders there.
So no need to dump those REDF SIFY shares tomorrow. Just wait. If they go down a lot, it might be a good time to get in....
Stock Market Trading Profits are made at the expense of nervous investors who buy/sell based on impulse and not on fundamental and macro analyses of market forces.
Sanjay John G.
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