Google Warns on 4Q Revenue

Is Google stock coming back to earth?  Below $100? $50?

Shares of Google Inc. slipped nearly 3 percent Thursday after the
world's most popular Internet search engine warned for the second time
in a week that its fourth-quarter revenue growth rate is likely to slow
from previous quarters.

In a regulatory
filing with the Securities and Exchange Commission, the Mountain View,
Calif.-based company said that its sequential growth rate would
probably decline in the fourth quarter versus the third quarter because
of intensifying competition and an "inevitable" slowdown as the
business gets bigger.

Its sequential revenue growth rate was 7.5
percent in the second quarter versus the first quarter and 15.1 percent
in the third quarter compared with second quarter.

Google also
warned that its advertising revenues could be hurt by its decision to
remove online ads that generate low levels of interest -- a move Google
says should improve the overall Internet experience of its users.