Google Faces Wall Street Revolt

Fred Flange wrote to mention a Times of London article, which explains a minor rebellion against GOOG on Wall Street. The company, which has always refused to offer guidance for its stock, is now being peppered with requests to do just that. From the article: "Sergey Brin and Larry Page, Google's founders and biggest shareholders, made plain in their listing prospectus that the company would reject many of the orthodox methods of doing business with Wall Street and instead adopt a mantra to encourage its employees to do good and not 'evil'. Other Wall Street analysts last night were also preparing reports that agreed with RBC, The Times has learnt. 'The time has come for Google to step into line,' one analyst said. 'It is in the interest of all shareholders, including the company's employees and officers, that the share price achieves some stability.'"

Comments

Google to Wall Street:

[inkdesign]

"I find your lack of faith disturbing"

Dear Larry and Sergei,

[aug24]

Tell 'em to

1) get bent
and
2) do their own work, the lazy bastards.

Love,
Justin.

Re:They'll give in ...

[wysiwia]

Even Sergey Brin and Larry Page nor Bill Gates have enough money to change the world but they could have a rather large influence to certain aspects. I don't know what Sergey and Larry are up to, if the follow the line of Bill or if they go the route of Mark Shuttleworth. Maybe they alltogether finally take on the "Ubuntu Bug #1" (https://launchpad.net/distros/ubuntu/+bug/1) but Bill wouldn't like that very much. ;-)

O. Wyss

Re:Maybe the analysts should do a little work???

[artg]

Strangely enough, regurgitating what somebody else says is something Google is quite good at making money from.

I wonder what those stock analysts would think of Stooooogle ?

The threat 'Go away or I will replace you with a very small shell script' comes to mind ..

Dear Analysts

[reverendG]

I think you're absolutely right. Google's way of doing things is completely unacceptable! They are obviously going to plunge their company into a financial morass of .... hold on, GOOG just dropped to my strike price. I need to go make a major purchase! Later, suckers!