Chances are better than expected that Google will report quarterly earnings tomorrow after the bell. So, Google Eve is upon us, once again.
The bean counters have, to a man, turned giddy about Google's performance last quarter. But the market has turned churlish toward festiveness of any kind, so we must expect a period of downward pressure to satisfy the Schadenfreudians among us.
But we need not be concerned about that. It is customary, on Google Eve, to gather around the campfire, under the Google Sky, sharing Google stories with believers and skeptics alike. Karen Finerman will be on hand, this time, to testify about her conversion from skeptic to Google shareowner at $600. Google, she will declare, is now a value stock. It's really different, this time. Be there.