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Google waiting for Doubleclick
SAN FRANCISCO — Google(GOOG - Cramer’s Take - Stockpickr) remains strangely silent as it watches Microsoft(MSFT - Cramer’s Take - Stockpickr) vie for control over Yahoo!(YHOO - Cramer’s Take - Stockpickr).
Some believe that the Internet titan is keeping its mouth shut for one reason alone: DoubleClick.
“Because Google doesn’t want to risk in any sense provoking the regulators, we think it will stay quiet until the deal (with DoubleClick) closes,” says Jeffrey Lindsay, an analyst for Sanford Bernstein.
Gee, no shit.