Printable View
Finally it looks as though Googles stock is breaking out to where it should be. The company continue to innovate, continues to expand it's reach, and continues to provide the internet with a quick easy way to find things.
There have been rumors that google may be entering the mobile phone business, as well as being involved in running a pacific cable across the ocean in order to lower their data transmission fees.
How high will their stock go this year?
Interesting,
Even with profits up slightly over last year, I think Wall Street is finally seeing what many who have been using Google Adsense and Adwords from start are seeing, and that is that revenues are way down over last year as Google keeps picking our pockets trying to boost their revenue picture. Stock is down to $510. today, a far cry from record high just a couple months back.
Personally, with the economy crashing all around us, and advertising one of the first areas to be hit, I would estimate this is not going to be a good year for Google overall. In addition, with PayPerPlay coming on the scene today, I feel they will draw many adsense and adwords users this year with a new revolutionary tecnhnology of sound bite ads where both sides win, advertisers and promoters like myself. Time will tell, but I think the ride is over for Google and they will flatten out, if not see profits drop this year, then watch Wall Streets reaction.
Good luck to all, Mike
What about the Microsoft bid? Any views Mike?
Interesting,Quote:
Originally Posted by Dreamer
I know MS has been trying to purchase Yahoo for years, so it was not a surprise, these multi billion dollar monsters usually get what they want. lol
Personally, Yahoo is less a search engine and more of a community type format, while Google is purely a search engine trying to become a community, so as I see it, bottom line is advertising money wins, so Yahoo, no matter how hard they try will not break into the same ad revenue level as Google.
No matter how big Google has gotten, one thing remains, the bigger they are, the harder they fall. lol I just do not see Google sustaining the same profit level this year, or any in the future without change. The same is true for Yahoo, so why MS wanted them is beyond me. If there was a chance for continued growth in adwords PayPerClick, then maybe, but with economic collapse and recession fears, advertisers are pulling back fast as they always do in recessions. I would not be buying stock in either Google, MS or Yahoo at this point.
Good luck to all, Mike
I really regret not buying google stocks when it launched the ipo at that time. I could not collect enough money to buy those IPOs and i am really, really upset with such news hitting every now and then and now i really cannot afford to buy google stocks these days with such a high price!
Interesting,Quote:
Originally Posted by forumguy
I did get into Google early, but got out early too, and after seeing it tank this past month, I am glad I did. If you look at the recession starting to impact Google's bottom line you know they are not going to be making billions for this coming year. Just look at the subprime collapse, CountryWide spend millions every month with PayPerClick Adwords, and how many other mortgage companies have pulled in their spending? I would think that the mortgage and banking industry alone has probably cut hundreds of millions from their ad budgets with Google, so I don't expect the stock to rebound anytime soon. With new PayPerPlay concept just starting, this will also cut into profits, so this will be interesting to watch.
Good luck to all, Mike
That's the exact situation I'm in :(Quote:
Originally Posted by forumguy
In this world it sometimes seems as though the rich are getting richer and the poor are just staying where they are...
Interesting,
I am glad I dumped Google when I did, with this crazy economy in total collapse, I cannot imagine Google seeing continued growth when I see most businesses cutting back drastically on advertising in this server recession. In fact, I predict a depression after seeing how stupid Paulson appears trying to figure out how to burn the $810 Billion bail out fund before he is relieved of his duties. lol
Success to all, Mike
Even with the recession google stock continues to climb. It just goes to show the power of the internet!
Yeah, i don't know if Google stock can even go down...Quote:
Originally Posted by ForexExpert
:ro_emote:
http://www.fxgator.info/blank_v.jpghttp://www.fxgator.info/blank_o.jpg
http://www.fxgator.info/blank_c.jpghttp://www.fxgator.info/blank_m.jpg
http://www.fxgator.info/blank_f.jpghttp://www.fxgator.info/blank_y.jpg
http://www.fxgator.info/blank_p.jpghttp://www.fxgator.info/img1.jpg
Interesting,
Having been invested in Google, I saw the potential economic collapse, and no matter what anyone says, Google is still tied tightly to advertising, which is tied directly to economic collapse, so they did get hit, their stock dropped to half what it was when I dumped it last year.
I got back in at just under $300. solely on their plans to diversify away from strictly advertising which is sucking wind at the moment, and probably will continue to be for the rest of the year. If Google sees success in their cell phone venture, or more important to me, the alternative energy conservation arena, then I will hold, if not, I will get out.
Success to all, Mike