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Nickname: Sean
Review: It's overvalued, end of story. It is a search engine that is really popular right now. It's twice the market cap of Yahoo even though Yahoo is a "fuller" package? It's half that of Microsoft, which pretty much crushes the entire PC market? As JGM pointed out, the US/world economy would be disrupted for about five minutes. I like their revenue model but as more competitors jump on board prices charged for advertising will drop, just like normal wWb ads did back in the day. They only way they can stay this hot is to maintain their current sexiness so they charge premiums over other engines. And sexy doesn't win out over the long run.
Date reviewed: Dec 13, 2005 3:24 PM
Nickname: PJ Brunet
Review: Google is going to the moon and I'm bringing all my friends. Seeya.
Date reviewed: Dec 7, 2005 6:41 AM
Nickname: sudgie
Review: The $400 price is just a landmark for this stock. This price is clearly not based on current or projected cash flow (specially when Google is not showing its revenue model to market). It does have an advantage in search + click marketing, but growth in this sector cannot justify this price. After all, this teritorry is so new for Wall Street (remember dot-com days) it is just hoping that Google's strength is to innovate new products for the to masses. Wall street is praying for other goodies in Google's Lab specially related to Google Earth--like showing dealerships, real estate, nearest taxi, shops, and many more. Buyers in the market will try to use different analysis to come up with a price--but the point is with what they will compare? Eventually $460 may also look short if the market believes that Google has an edge over other industry leaders. I agree that going into telecom is not a good idea, but Google scholars must have thought about that already.
Date reviewed: Nov 24, 2005 12:11 PM
Nickname: grassboy
Review: My feeling is that google is too pricey right now. Nevertheless it will soar a little higher. It certainly will not be taken over by Yahoo. Ultimately I have Google to search and Yahoo for services. Google will not infringe on Yahoo's revenue streams. As for Yahoo, they will be playing only catch up with Google.
Date reviewed: Nov 22, 2005 9:49 AM
Nickname: KD
Review: Re: JGMs comment. How can you make the argument about what would happen if we removed <insert company name> from the economy? Playing the what if game serves no purpose. Removing any of those companies is not practical in our economy because some other company would have stepped in and offered the same or similar services, which is a hallmark of capitalism. If it wasn't Google it would have been someone else. Google just happens to be the high flyer of the moment like other tech was in the 90s and other industries previously including the railroads and the car manufacturers.
Date reviewed: Nov 22, 2005 4:49 AM
Nickname: Steve Rosenbush
Review: I'm the writer on this story. Thanks for your comments. JGM, you make an interesting point. But how do you relate it to the value of the company's shares? Surely you aren't suggesting that the company's value is zero. Why can't an economically useful company have a low equity value? Airlines and railroads are crucial to the economy yet they've gone through bankruptcy numerous times.
Date reviewed: Nov 21, 2005 10:34 PM
Nickname: Miss B
Review: Google is too expensive for the little player. Go with Yahoo instead. Charts show it is climbing basically in same proportion as Google.
Date reviewed: Nov 21, 2005 4:02 PM
Nickname: jgm
Review: What would happen to the USA's economy if we were to unplug Google for a day or a week? The answer is clearly nothing? In one minute everyone would be using Yahoo or MSN search, Mapquest maps, eBay for classifieds, Amazon for commerce, etc. The productivity of the nation would not be impaired, Greenspan won't have a heart attack. But take Intel, IBM, or even GM out and we would have a severe disruption of the world's economy
Date reviewed: Nov 21, 2005 3:58 PM
Nickname: Gormz
Review: Yahoo has a much broader mix of online media, whereas Google is more just for searching. Look for Yahoo to catch up sooner than later. Why buy Google when you can get Yahoo at a fraction of the price? Yahoo's stock price has a lot of upside based on how quickly Google has climbed.
Date reviewed: Nov 21, 2005 3:28 PM
Nickname: stanford
Review: I wonder who this article is really working for? The writer allows quotes from analysts saying "But there's no legitimate altimeter for these nosebleed valuations," but yet Yahoo is valued significantly higher on its expected 2006 earnings. Google would be over $460 a share if valued the same as Yahoo.
Date reviewed: Nov 21, 2005 3:11 PM
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