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WellsTrader said: "Before the new forum look came about there was a post on Google that I was reading. I would just like to knwo how that can be a good investment. I don't see how they can go up anymore. They are already as big as they can get and have probably maxed out the profits they are going to make. How can that be a good stock to get involved with? Plus it is SOOO expensive."
HappyHarry said: "Google is a great company, with a great business model.
However, they trade for a very multiple at this stage of their development.
And what about "branding"? The name means search now, but it has to evolve."
Heather said: "I think they want to save every footprint on the internet.
A digital archive of it.
Like cavemen left artifacts, G00G will have a copy of the internet
Plus the datamining capabilities they have. They now own Keyhole, a satellite photo imaging. You can get a view of your own house from a satellite, kinda creepy, but also sort of cool."
stoavio said: "I think Google has great potential to continue expanding. I continuously hear about new technologies being developed at Google every week."
AlfredSokol said: "Very true. Check out [url=http://labs.google.com/]Google Labs[/url] for an idea of the applications they're working on."
scottigee said: "their P/E is 234 right now - a little high on a company whose earnings are in the 2-3 Billion dollar range.
I'm not saying it won't go up, or split...I'm just staying that my evaluation techniques register a big fat "NO" on a stock like that."
misterjover said: "[QUOTE=scottigee]their P/E is 234 right now - a little high on a company whose earnings are in the 2-3 Billion dollar range.
I'm not saying it won't go up, or split...I'm just staying that my evaluation techniques register a big fat "NO" on a stock like that.[/QUOTE]
Exactly. The EPS makes me feel icky inside. I would rather wait for a split before buying this enormous pig."
ToastMonger said: "I don't think that the management is really interested in a split. They are taking the Berkshire Hathaway view on their management in terms of the stock. From all that I've ever heard they don't plan to split ever.
On the brand licensing, I expect to see "Google Omnimedia" come out before too horribly long here. I think they might try to pick up some outlets that are outside of the internet. A nice television station wouldn't be bad."
AlfredSokol said: "I agree with the idea that they won't split the stock. They probably enjoy the prestige of the high price.
But Google does have a chance for very fast growth in their earnings, so I don't think I'm completely concerned with the inflated P/E.
If their growth slows down, then we have a problem."
HappyHarry said: "Google can probably add earnings faster than almost any company.
As they add more and more advertisers to AdSense, they'll be able to keep more of every sale."
Heather said: "Well their ad revenues are way up.
I don't think they are going to be happy to be the same company for forever and always. They are going to try to reach out into more markets as they see fit."
scottigee said: "Did you guys here the Founders announced they were cashing in on their stock? This was in the beginning of December I think.
Kind of suggests that they see it leveling off. Although every good entrepreneur has to pick when to get out and this may be it for them."
chahinemm said: "in my opinion google is starting to get overvalued for what it is really worth... IMO at least..
chahine"
HappyHarry said: "It's not surprising that the founders (Page and Brin) would want to get some cash out of their investment. They'll still have billions in stock.
The question of valuation is difficult because of Google's ability to create markets where none exist. If they continue to invent new revenue streams, than they may be under-valued.
AdSense and AdWords are doing very, very well."
Darren said: "i really wish i bought google now."
scottigee said: "[QUOTE=ben]i really wish i bought google now.[/QUOTE]
[b]Confucious say:[/b]
"Now you wish you bought it then, but later, will you wish you had bought it now?"
[img]http://casim.free.fr/Page_CARICATURES/Caricatures/Grandes/Confucius.jpg[/img]
in other words - Do you think you will sing the same song in 6 months if you buy now?"
HappyHarry said: "Google's next earnings report promises to be very interesting. Their growth rate may be expanding rapidly for all we know."
AlfredSokol said: "Yahoo was up huge today. [url=http://finance.yahoo.com/q/is?s=GOOG&annual]Google[/url] sales have tripled in the last two years.
This might be a great play."
scottigee said: "[QUOTE=AlfredSokol]Yahoo was up huge today. [/QUOTE]
Huge? I only see 1.38%"
AlfredSokol said: "Their numbers, not the stock. They [url=http://biz.yahoo.com/ap/050118/earns_yahoo_2.html]Tripled Sales[/url]"
willow_road said: "GOOG's next earnings release is February 1, 2005 after the close. Estimate is for $0.76 eps. They will hold a live conference call at 4:30 ET and you can get that info off their Investor Relations area.
GOOG is also having an Analyst Day on February 9, 2005 which will be Webcast.
I think they have a ways to go before they run out of growth options."
Mr Mac said: "Hello all,
I was wondering if people in the stock market world know how much anger is building up against Google and that the anger is coming from the very people whom build the Internet.
Google has a scheme (Google Adsense) that allows web publishers to display adverts on their site. These adverts are for companies who pay to advertise in Google and on their affiliate sites. The web publisher, as the affiliate, gets a percentage of the advertisers fee.
More and more web publishers are having their earnings taken away from them and being accused, by Google, of providing fraudulent clicks. These claims are not backed up with any evidence and the web publisher can do nothing to try and fix the problem as Google just sends out a set of standard/template email replies.
Because of this hundreds/thousands, of web publishers are starting to seriously look at alternative suppliers for showing adverts on their site. This leads to web publishers becoming more and more at ease using these Google competitors and ultimately leads to web publishers not only using these alternatives to show adverts on their own sites but also to recommending the alternative to their clients for advertising the clients website. I.e. Google will start to lose market share of the ‘web adverting market’. They are already losing loads of their share of the ‘web search market’ to the new Msn and Yahoo search engines. These 2 engines were showing search engine results from other search engines but now have their own results from their own databases.
It would seem to me that any company at the top would eventually lose more and more existing/new clients to competitors.
I am interested to know how upsetting so many web publishers will accelerate the fall of Google from such a high place. Remember web publishers are the guys who actually build the web that Google uses to make money.
Also how will all the bad press being generated by all the upset web publishers affect people’s decisions to join Google?
FYI:
To see some of the bad press try a Google search for this (including the Quotation Marks):
"Google AdSense Account Disabled"
Mark."
misterjover said: "[QUOTE=Mr Mac]Hello all,
I was wondering if people in the stock market world know how much anger is building up against Google and that the anger is coming from the very people whom build the Internet.
Google has a scheme (Google Adsense) that allows web publishers to display adverts on their site. These adverts are for companies who pay to advertise in Google and on their affiliate sites. The web publisher, as the affiliate, gets a percentage of the advertisers fee.
More and more web publishers are having their earnings taken away from them and being accused, by Google, of providing fraudulent clicks. These claims are not backed up with any evidence and the web publisher can do nothing to try and fix the problem as Google just sends out a set of standard/template email replies.
Because of this hundreds/thousands, of web publishers are starting to seriously look at alternative suppliers for showing adverts on their site. This leads to web publishers becoming more and more at ease using these Google competitors and ultimately leads to web publishers not only using these alternatives to show adverts on their own sites but also to recommending the alternative to their clients for advertising the clients website. I.e. Google will start to lose market share of the ‘web adverting market’. They are already losing loads of their share of the ‘web search market’ to the new Msn and Yahoo search engines. These 2 engines were showing search engine results from other search engines but now have their own results from their own databases.
It would seem to me that any company at the top would eventually lose more and more existing/new clients to competitors.
I am interested to know how upsetting so many web publishers will accelerate the fall of Google from such a high place. Remember web publishers are the guys who actually build the web that Google uses to make money.
Also how will all the bad press being generated by all the upset web publishers affect people’s decisions to join Google?
FYI:
To see some of the bad press try a Google search for this (including the Quotation Marks):
"Google AdSense Account Disabled"
Mark.[/QUOTE]
Fascinating. I knew that I stayed away from this stock for a reason previously undiscovered."
WellsTrader said: "I have a Fantasy-Sports-Forum that runs the google adsense and this happened to me. I was disgusted because there is nothing I can do if someone wants to click and ad over and over again from there home. I am one of these guys you are talking about and I am furious."
misterjover said: "[QUOTE=WellsTrader]I have a Fantasy-Sports-Forum that runs the google adsense and this happened to me. I was disgusted because there is nothing I can do if someone wants to click and ad over and over again from there home. I am one of these guys you are talking about and I am furious.[/QUOTE]
Holy cow. The fact that Google doesn't protect its customers from this type of abuse is negligence. Google owes a duty to at least assure their customers that the traffic that they receive is genuine.
Imagine.. Think about it guys. Do you think those people who click on these ads are people who are shopping online most of the time? No. Perhaps some of them are contracted by Google.
In business you gotta CYA."
Darren said: "the flip side of the coin is websites like superiorinvestor which have been in google since 9/2003. i've been really happy with the program. however, obviously, competition would make a difference.
google has really good prospects going forward"
HappyHarry said: "You can't blame Google for kicking people out for click their own ads. They have to protect their advertisers, too."
Heather said: "Sorry to hear that you guys ran into problems with them.
I am sure that it isn't anything personal.
I had an instance that Google refunded my account for fraudulant clicks.
I am sure that they do this to uphold their brand name and reputation with advertisers and webmasters alike."
WellsTrader said: "I am going to guess that they do charge the [B]advertisors[/B] for the fraudulant clicks and don't pay adsense users, because I had an adwords account and my competition would click the ads over and over and I would get charged and they never said anything about fraudulant clicks. So basically they will keep the money they owe me for adsense and take the money from the advertisors, its double money in there pocket."
Mr Mac said: "[QUOTE=HappyHarry]You can't blame Google for kicking people out for click their own ads. They have to protect their advertisers, too.[/QUOTE]
This is very Harry true but my point is that they are kicking webmasters out who do not click on their own ads and they offer [b]no evidence or any chance of rebuttal[/b].
This is the problem that is creating bad feelings towards Google from a growing part of the web design community."
Heather said: "If this is the case, then I'm sure they are trying to develop more revenue streams to keep themselves at the top.
Do you have a percentage number of people this has happened to versus how many people run this program?"
Darren said: "msn and yahoo have never appealed to webmasters like google has. especially smalltime webmasters. i think it would take a lot of time and effort to get people off of adsense and into a competing contextual ad network"
Chefskeez6 said: "Well in cased you missed it (i'm sure you didn't) GOOG reports blew everyone away tuesday and it trading at $218 as i type this."
scottigee said: "damn google to hell :mad:
I wish I bought that stock at the IPO..."
Heather said: "They have unlimited potential. They are also going into the [URL=http://www.eweek.com/article2/0,1759,1758511,00.asp]Domain Registration Business[/URL] If the internet is going to do nothing else but grow, you can be assured that G00G is planning on leading the revolution.
There is a lot of competition, but enough searches to keep these guys going."
Heather said: "Took a look at their inside trading. A lot of money has been taken out of it.
[URL=http://finance.yahoo.com/q/it?s=GOOG]Take a look.[/URL]"
HappyHarry said: "Huge amounts of money. Eric Schmidt had a very nice February."
Yoshimi said: "the two founders of google have made around 4 Billion the past 8 months.. i thought that was incredible"
Heather said: "This week has been especially profitable for Page.
A lot of selling from Mar 14-17.
I was looking around and located another interesting article.
It can be found [URL=http://www.thestreet.com/_yahoo/tech/kevinkelleher/10211683.html]here[/URL]
Are the first couple of paragraphs bothersome to anyone other than me?"
HappyHarry said: "Around $400 million or so! Nice week.
I think these guys are heading for a fall soon."
Heather said: "I checked them today and they are way up.
Lots of inside trading to the the tune of "sick cash"
Longhorn and other emerging technologies could set them back for sure.."
HappyHarry said: "The insider trading is humoungous.
All of the options they're exercising have a "cost" of 0. How cool is that, free money ;)"
alhamid said: "$300 for the shares? ha! i cannot even find my website on google! i use yahoo instead."
BarbBQ said: "i like the yahoo portal, too.
you can personalize it so all of your favorite websites are right there. your email..
all of it.
yahoo news is always abreast of what is going on.
i remember yahoo was how i found out about 9-11. it was crazy seeing still pictures of the disaster in ny. i didn't believe it at first."
Scorp74 said: "Google is an okay search engine to me but man those shares seems expensive! 4 shares for $1,000! WOW!"
BarbBQ said: "i was checkin out stock prices on them and found a good article.
it is about [URL=http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B73FC3BC2%2D8E57%2D4C99%2DBCDF%2D9AC60E7EF670%7D]the next five years.[/URL]
they'll have to make a lot of $$$."
travllr said: "(Past Market News) Google, Inc. settled charges Thursday that it repeatedly broke the law by improperly issuing $82 million in employee stock options to the employees during 2003 and the first four months of 2004.
[url]http://www.investing-news.com/artman/publish/article_318.shtml[/url]
didn't know about this.
trav"
Heather said: "They are trying to sell off 14 million shares!
To raise money for very vague reasons..Here is the [URL=http://biz.yahoo.com/ap/050818/google_offering.html?.v=11]article[/URL] for anyone that cares to check it out.."
InvestorMan said: "[SIZE=3][FONT=Verdana]Google is not going to be impressing shareholders by watering down the value of their stock with a seemingly unnecessary and extravagant stock offering. Shareholders are more savvy nowadays. If they feel Google is diminishing shareholder value with this offering, they'll sell and the price will reflect the selloff.
In the end, the good old management at Google may end up losing more in market cap than they gain by this new offering. I got out of Google two weeks ago at $285.00, and realized a good profit doing it, too.
Don't wait until this one hits the iceberg. Sell now.[/FONT][/SIZE]"
AlfredSokol said: "They just don't have enough products in the priceline to justify their current valuation."
Heather said: "It was just announced that AOL is ending their contract for Google to supply search results, and this traffic will be diverted to MSN..
Here is the [URL=http://today.reuters.com/news/NewsArticle.aspx?type=internetNews&storyID=2005-12-06T140110Z_01_KRA635650_RTRUKOC_0_US-MEDIA-AMERICAONLINE.xml]article[/URL]
The insiders at G are still having a [URL=http://finance.yahoo.com/q/it?s=GOOG]bright holiday[/URL] despite the news.."
Miguel007 said: "still trading huge volume without fast swings in the stock price, so I think now isn't the time correct to short but who knows...........
MIguel
[URL=http://www.ac-investor.blogspot.com]AC Investor Blog[/URL]"
AbsoluteZzZero said: "[QUOTE=misterjover]I would rather wait for a split before buying this enormous pig.[/QUOTE]
So would I. A lot of people, like myself, can't own GOOG because we can't deversify enough with it because it's so expensive.
Thats why I think if it splits it'll explode to the upside because of all the people that couldn't afford it before, are now buying it.
So, hopefully it'll split into the $50 range. If it does, Ill be buying all I can!"
trickynick said: "I am not a technical analyst and as people who have been here for a while know I tried shorting GOOG once and while I managed to cover in time to break even, it did not really work out the way I hoped.
Anyway, to keep it short, a couple things about Google...
[b]1)[/b] Google is not a high-tech company nor a software company as everyone likes to classify them. They do not sell technology products. Any software they produce is something they do not sell to anyone in order to generate revenue. They are an advertising company.
[b]2)[/b] As much as it continues to be talked about how they are "expanding" or "innovating", their revenue model has not changed. It is all based on this ad-clicking bit like it always has been.
Someday, I don't know when (I already tried to call it once unsuccessfully), there will come a point at which people just can't click on any more internet ads. Or rather, everyone who is GOING to click on internet ads is ALREADY clicking on them. I bet this happens sooner than the behavior of the stock price seems to suggest anyone thinks and when it does the growth that has propelled this POS to this ridiculous valuation that it can't possibly will have hit a brick wall."
ascendant said: ">> Or rather, everyone who is GOING to click on internet ads is ALREADY clicking on them.
This may be true, but I think that one would be missing the big picture by thinking of this as a firm limitation.
Dealing with Google is like dealing with the neoconservatives. You may love them or hate them, think they will succeed wildly or fail miserably, but if you underestimate the extent to which they are seriously, methodically, and innovatively working out their LONG term strategy on how to become and maintain a Leviathan-like status, you aren't keeping your eye on the ball.
Google didn't invent or perfect the online ad per se- after all, it's generally just simple text and links. What they are doing is perfecting the [I]context[/I] of the ads- custom tailored to you, your specific self.
Of course, doing this takes smarts and the right info. And consider their simply stated goal- to index the world's information. And aren't so many of us watching right now in amazement how aggressively they are doing just that.
As not only more and more people become interconnected, but the level of interconnectedness grows exponentially... I can't say I have any idea to what extent Google will continue to be at the center of all that, but I sure wouldn't want to bet against it."
Heather said: "I am indifferent to them.
They have managed to do things that no other company has done.
And I must give them credit for that.
I think they want to build up to become a big media provider. Why else would they buy a wi-fi network in S.F., Cali that averaged 35 users a day or invested in an electric company?
I read somewhere that there are a bunch of publishers that are filing a 17 million dollar lawsuit against them.. just one of many to come with their privacy policy etc.."
AbsoluteZzZero said: "I honestly think they'll come out with an OS and/or an internet browser. Don't know when, but someday."
thezster said: "[QUOTE=Hathor]It was just announced that AOL is ending their contract for Google to supply search results, and this traffic will be diverted to MSN..
Here is the [URL=http://today.reuters.com/news/NewsArticle.aspx?type=internetNews&storyID=2005-12-06T140110Z_01_KRA635650_RTRUKOC_0_US-MEDIA-AMERICAONLINE.xml]article[/URL]
The insiders at G are still having a [URL=http://finance.yahoo.com/q/it?s=GOOG]bright holiday[/URL] despite the news..[/QUOTE]
My news source says Google and MSN are both in negotiations with AOL for AOL's ad business."
trickynick said: "[QUOTE=AbsoluteZzZero]I honestly think they'll come out with an OS and/or an internet browser.[/QUOTE]
And take Microsoft head on? You really think so? That's a pretty bold statement. Going after the 800 pound gorrilla exactly where it is most firmly entrenched is normally not considered a wise plan."
trickynick said: "[QUOTE=ascendant]As not only more and more people become interconnected, but the level of interconnectedness grows exponentially... I can't say I have any idea to what extent Google will continue to be at the center of all that, but I sure wouldn't want to bet against it.[/QUOTE]
I'd say they are very likely to remain at the center of what you are describing for quite some time, but I think the prospects for the further development of this Google "concept" (for lack of a better term) is becoming associated with Google's future earnings prospects in a rather unrealistic way. In my opinion waaaaaaaay too much future growth is priced into the stock if we are too assume the same basic revenue model that exists today.
I keep hearing all this news about all the new things Google is doing, but I continue to see no change in how they generate revenue nor have I even seen any concrete new ideas expressed about how they might develop new revenue sources in the future. I ask people bullish on Google how Google is going to diversify their revenue sources and I don't get an answer to that question, so all I conclude is that people either believe that the current revenue model will continue to grow by leaps and bounds for multiple years or they just think "Serge and Larry are smart guys, they'll think of something.""
AbsoluteZzZero said: "[QUOTE=trickynick]And take Microsoft head on? You really think so? That's a pretty bold statement. Going after the 800 pound gorrilla exactly where it is most firmly entrenched is normally not considered a wise plan.[/QUOTE]
There was [URL=http://slashdot.org/article.pl?sid=04/09/21/0011207]talk[/URL] of a browser.
Obviously, Google isn't [URL=http://slashdot.org/article.pl?sid=05/10/06/1250215&tid=217&tid=109]affraid[/URL] to take on Microsoft. But, Microsoft is [URL=http://yro.slashdot.org/article.pl?sid=05/09/03/0515250&tid=109&tid=217&tid=133&tid=123]"affraid"[/URL] of Google."