In the midst of the tech sector and general market meltdown on Friday, one analyst was looking for Google (Nasdaq: GOOG) to hit 1000.
Ryan Jacob, manager of the top-performing Jacob Internet Fund, is looking for Google 1000 within the next year. The story was posted first by Bloomberg.com here
Google stock was priced at 663.97 at the close of trading on Friday, down 4.31 %.
Other stocks in the search space Friday : Microsoft (Nasdaq: MSFT) down 2.91 percent to 33.73. Yahoo (Nasdaq: YHOO) down .91 per cent at 25.79, and IAC (Nasdaq: IACI) parent of Ask.com, down .32 per cent at 29.35.
In other tech news, Intel (Nasdaq: INTC) will begin shipping it's new Penryn, energy saving quad-core and dual-core microprocessors to key partners tomorrow.