Breaching Google's 'moat'

Fascinating analysis of the Quigo-AOL deal by Avner Mandelman over at The Globe & Mail.

I wasn't tracking the data, but Avner points out some interesting numbers:

• November 5th, 2007 - the Quigo/AOL deal was first announced
• November 6th, 2007 - Google shares hit their all-time high - $741
• Since then Google shares are down ~37% to $471

Coincidince? Probably for the most part yes.... there are so many big factors in play here and I doubt Quigo is the most significant one. But it's still a pretty cool coincidince nevertheless...