Google Deal Another Good Sign for Q1

Q1 is all but done.  If the results are disappointing (below expectations), Google's stock will tank, a point that presumably hasn't been missed inside the Googleplex.  Companies that issue stock just before they report disappointing results get bombarded with lawsuits (as do their underwriters), another point that presumably hasn't been missed inside the Googleplex (or Goldman Sachs).  Given that this stock offering is obviously optional, Google probably wouldn't have done the deal if it expected its Q1 results to be disappointing.  And it especially wouldn't have positioned the deal as a gift to mom-and-pop-owned index funds.

So this deal joins Google's official reaction to Three-Alarm George's demolishment of the stock last month in New York (George hallucinated) as positive signs for Q1. 

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