Thursday, January 19, 2006


check these links out -

Google stocks [hit] a low of $445 after topping a whopping $475.xx a week ago. Read what this forbodes for the industry. Very interesting read.

The Dubya administration subpoenas Google for refusing to comply with their demand that Google turns over search records - it is their intention to find out how many kids are searching for porn by looking at data that is totally disconnected to the age/sex of the user. Go figure! head over to the Search Engine Blog for this masterful [article] on the whole issue. It gives a lot of insight on what this sort of legal action actually means and hopes to achieve. Interestingly, MSN and Yahoo were also asked to turn over data and the statements that they have provided do not say "No. We have not provided any data". Well, if they didn't provide data, they would be in court now. They aren't. Meaning that they did comply and turned over records to the Dubya administration. This is being touted all across [Memeorandum]. Google will suddenly become the cynosure of all privacy groups, the poster child for freedom and privacy groups many of whom are already sueing Dubya. Is there a stock resurgence in this for Google?

Important stock tip: Buy into hype. Sell before reality crashes the party!


Z said...

The links were interesting read!
Stocks may be volatile but as long as the business isn't we can invest!
Google was always considered a high risk stock due to it PE ratio. Anything can trigger the price to go up higher or hit the rocks just any other stocks! Nobody can predict. even the compnay knows they are overpriced. Let them ride the hype wave!
As for me - I love watching GOOG !

Emperor Frost said...

it doesnt matter what PE ratio says. though its just an indicator for preformance it by no means is binding on the performance of stock. There are so many companies whose stock performs badly inspite of the stellar PE ratio. Hype is what gets the stock price to climb higher and higher. Smart guys get out at the top.