Fexon Technology Ltd: Pay 20% growth in the number of hits on Google shares rose a record

Fexon Technology Ltd reports: Search engine giant Google (Google) 2008 first-quarter earnings report released last week, more than expected performance, particularly in its prior suffered questioned "the number of pay-per-click" Total growth of about 20%. So investment banks have raised Google stock rating and target price, Google shares last Friday to close at 539.41 US dollars, or nearly 20 percent, marking the stock from the public offering in early 2004, the largest gain since record.

Soaring spectacle

Google shares in after-hours trading last Thursday has surged 17%, not only on the 1st recover the market value of 28 billion US dollars, but also to regain the shares back to 500 US dollars / share high. At the same time, Google warrants in a single day last Friday rose 17,530 percent, soaring staged a miracle, or 175 times the United States hit all securities derivatives biggest profits. The right to the price of 530 US dollars Google Warrants rose to the highest in the Friday 17.63 US dollars each, and in last Thursday's closing price of 0.10 US dollars each. According to Bloomberg statistics, the Google warrants in the last Friday or the day almost faster to catch up with the Dow Jones Industrial Average since 1900 from 18,760% gain.

Before, as the market worried about economic recession may affect the customer's online advertising spending, along with the market research firm comScore pessimistic statistical data, Google stock this year has dropped by 35 per cent.

However, although Google shares rose sharply last week, but still far lower than six months ago 747.24 US dollars / Unit high. At that time, Google a market value of 235 billion US dollars, compared with the previous Friday's closing price was higher by about 66 billion US dollars.(Fexon Technology Ltd)

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