Amid Yahoo Clamor, GOOG Falls

People who bought Google stock at its peak $747.24 are likely pretty upset these days. Missing estimates is rough enough on a shareholder, and so is losing more than $200 per share (hey, it could be worse, you cold be a Lexmark shareholder). But in the wake of Microsoft's bid for Yahoo, Google shares continue to drop.

Expect Yahoo Shares to Rise on Microsoft Deal

I’m gutted. Last Autumn it was obvious that Yahoo stock was seriously undervalued by comparison to Google, Amazon, and other major internet companies. However, not only did I not have an investment portfolio, but the promise of the stock markets tanking made it a bad time to set up a portfolio in the first place. Once the storm was over, I planned to then start…