Barron's Online; Google

Barron's Online is free all this week, so everyone should check it out.  It's bad news for Google, however, since this week's covery story is called "Google Gets the Gong:

To get a sense of what might happen to the stock, we gave one über-bull's 2006 revenue estimate for Google a 20% haircut, trimmed his projected expenses by 5% (but no further, because bulls greatly underestimate Google's costs), deducted stock-based compensation and, generously, gave the company credit for the considerable interest income on its cash. The result: Earnings would be 30% lower than the bull's projection, at $6.28 a share. If the stock were to maintain its current multiple of 41 on those lowered earnings, it would be worth $257. It's more likely the multiple would shrink to as low as 30, in line with the slower growth. That would make the stock worth $188, versus its recent $360.

Read the whole thing.  It's certainly cool to be a Google-bear these days.

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京都府の担当者も「処理の実働部隊となる市町村に受け入れを要請する際の国の基準が不明確で、検討する予定はない」としており、まずは国基準をさらに明確化する必要があると主張。滋賀県も、県内の全１９市町が「受け入れ困難」としているため、県としても検討していないという。

　ティンバーランドまた、近畿で唯一、広域連合に加盟していない奈良県の担当者も「県民の理解や感情論を考えると現状では難しい」と話している。