In the hope that GOOG pays out cash in future. Either via dividends or stock buybacks.
At least, that's why I've been holding my shares. I was thinking of dumping them for better performing tech stocks, given the malaise I see there, but if they're finally starting to admit they may have run out of ideas and start returning money for reallocation elsewhere in the economy, then ... well ... maybe I'll hold a little longer.
At least, that's why I've been holding my shares. I was thinking of dumping them for better performing tech stocks, given the malaise I see there, but if they're finally starting to admit they may have run out of ideas and start returning money for reallocation elsewhere in the economy, then ... well ... maybe I'll hold a little longer.