We have sold our holdings in Google (GOOG) today. The Company is the subject of a government suit for withholding subscriber information GOOG collects from the search engine. GOOG has been ordered to turn over 50,000 randomly selected Web sites indexed by its search engine by April 3, 2006. The government plans to use the data for a study in a Pennsylvania case involving a law meant to shield children from online pornography. The Justice Department has indicated is not finished and is looking to file suit requesting an entire weeks worth of Google search requests, a list that would encompass queries posted by millions of people. We are not taking a position either way, but as we have stated in the past when the government gets involved in a company’s business is does not end well. We still believe that GOOG is a good company, but not a very good stock for the time being. We may be pulling the trigger a little early since inclusion in then Standard & Poor 500 should see a bounce in the stock price.
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