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Yet More Google Gazing
povvell writes "Bob Cringely has joined the club and just set out his personal vision for the future of Google now that it's flush with cash, thereby joining a happy band of Google gazers. But is he right, and are they? My own guess is that the company intends to become the biggest advertising platform in the world. What's yours?"
Google's adsense technology will ultimately grow outside of the Internet realm and include instant advertising during movies, tv shows, billboards, etc. Imagine that you are watching a movie on NBC without commercials, but whenever someone says the word "soda" an ad streams across for Coke/Pepsi. Maybe Google will grow into that realm of advertising.
Second, as reported on my website Google's stock price is still fairly attractive from a P/E basis. If Google stays on track to grow for the rest of the year, Google should be valued more than Yahoo, which could mean the stock should still be attractive above $100.
Just my thoughts,
Aj
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artlu.net
I think you're on to something. Google's googlesyndication.com has already found its way into my list of blocked domains, right next to doubleclick.net. I wish they kept their tracking to their own site. When Doubleclick set cookies through their banners on third party sites, people were up in arms. Google apparently gets away with collecting data from webhits on third party sites, personally identifying information from GMail and Google Groups, social networking information from Orkut and of course their search engine. Let's hope that people stop being blinded by cuteness now that Google is a multi-billion dollar corporation.
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GooOS, the Google Operating System. He argues that Google is building a huge computer with a custom operating system that everyone on earth can have an account on. His last few paragraphs are so much more perceptive than anything that's been written about Google
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msgraph Moderator view user profile joined-Nov 29, 2000 posts:1330 msg #:1, 7:29 pm on Feb 12, 2002 (utc 0).
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www.macminute.com/2004/03/31/google - 29k -
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An Indian-American Hindu committed to non-violent thought/speech/action alarmed by the global explosion of radical Islam
As with all young companies that go IPO Google's course will go as follows:
1. All founders and current top executives will cash out and leave within the first year. Right now they are dizzy with possibilities and future ideas for the company but that will quickly fade to watching the stock ticker, taking long lunches, shopping for real estate, and counting the days to when they can legally cash out and leave.
2. Within 8 months new executives will be hired to take over when the founders and top executives jump out.
3. The new executives are have long resumes, short contracts, short attention spans, big dumb ideas, insane salaries, and lots of stock options. They will announce "a bold new vision" several times and sell out the company for all it's worth.
4. After 3 years and various layoffs the second generation management cashes out and jumps ship.
5. The third generation management comes onboard with a round of layoffs and useless new hires and looks at what else can be sold off. They change the name of the company and start shopping around for buyers to sell the whole company too.