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Google to offer $4 billion more in sharesGoogle to offer $4 billion more in shares
HappyHarry said: "What do these guys need all this [url=http://biz.yahoo.com/ap/050818/google_offering.html?.v=11]money for[/url]?
Schmidt and Page sure are raking it in."
sp0om said: "Yikes. They're flush with cash as it is.
Maybe they're planning on taking over a bunch of companies. They recently bought out a small cell phone software company."
Heather said: "I wonder what their "business plan" is exactly?"
HappyHarry said: "I don't get this. I think of the guys who run Google as technologists and not necessarily efficient business man. Are we really sure they need to make this many acquisitions? What is their strength in integrating new companies?
It almost seems to me that they're afraid they can't invent the next killer app and they want to acquire someone who can."
Heather said: "Here is a pretty good article about [URL=http://www.fortune.com/fortune/investing/articles/0,15114,1095545,00.html?promoid=yahoo]them[/URL]
Obviously others feel that they are not worth the 300 per share.."
LanceJ said: "[QUOTE=HappyHarry]I don't get this. I think of the guys who run Google as technologists and not necessarily efficient business man. Are we really sure they need to make this many acquisitions? What is their strength in integrating new companies?
It almost seems to me that they're afraid they can't invent the next killer app and they want to acquire someone who can.[/QUOTE]
I agree. Take for example this scenario. I want a keyword on Yahoo/Overture, I pay for it, and up my website goes under that keyword. Now I want a keyword on Google, I pay for it, and up my website goes under that keyword; with a big difference, in about 5 days, suddenly I get booted from using that keyword.
I log into my Google account and check what's going on, sure enough, that keyword has been disabled because Google claims it's not active enough. I contact Google and notify them of the problem with their system. They tell me it's automated and tuff, it's not performing well and so I don't want it.
I tell them it's my number uno keyword on Yahoo and brings me in big business. They tell me it's too broad, I need a more specific keyword. I tell them don't tell me what keywords I need to advertise with, I know my business better than anyone else and I know what keywords work best for me and I want this fixed NOW because I'm loosing sales. They respond, sorry but there's nothing we can do, the formula is propriety and programmed in and can't be fixed. I say, let me talk to your computer programming department then. They never respond back. I send a final e-mail to them pulling my business out of Google and tell them I'm going to short their stock as well. I tell them they are a bunch of non-business savy computer nerds who don't know a thing about running a business.
This scenario plays out over and over and over again with Google. Google doesn't care. They are the 300 pound gorrilla on the block, and those nerds, why they make the rules.
It's my opinion that Google is full of a bunch of techno savy computer nerds that know ZERO about entrepeneurship and business, and I wouldn't hold Google stock at this price, or any price for that manner."
AlfredSokol said: "Googles has no experience with customer service and this is going to hurt them i the long run."