jack dee

Android’s Impact on Google’s Future

Please stop spamming the boards. The same reply to any old topic.

MAD Hedge fund = spam bot


On Oct 28 12:17 PM Mad Hedge Fund Trader wrote:

> jfa When people ask me what is the one stock they should put in their
> kid’s college fund and forget about, I always give them the same
> company: Google (seekingalpha.com/symbo...). The toll taker
> for the Internet that controls 70% of the global market for search
> just announced record Q3 profits of $1.6 billion on a revenue rise
> from $4 billion to $4.4 billion. In this economic environment these
> numbers are nothing less than astounding, making GOOG one of the
> few US firms that has actual top line growth. Google earnings, in
> fact, have turned into a valuable leading economic indicator by telling
> us that the strong ad growth came in the retail, travel, and the
> automotive sectors. This bang up performance is further proof that
> the irresistible tectonic shift away from old line media like newspapers,
> radio, and TV, to online, is accelerating, offering advertisers far
> and away the highest return on investment. Google is fast becoming
> the operating system for all advertising. While critics focus on
> the myriad ways the company recklessly burns money on peripheral
> businesses like Google TV, YouTube, forays into print media, and
> their private space program, I see gigantic growth opportunities
> that will prevent the company from becoming another Microsoft (seekingalpha.com/symbo...).
> Mobile search grew 30% QOQ as the growing legion of sophisticated
> portable devices are increasingly used for search. Also, click rates
> cratered in the great recession, the price of “investment advisor”
> for example plunging from $4 to pennies. A recovery could bring an
> equally ferocious rebound in rates that fall straight to GOOG’s bottom
> line. Most analysts are now targeting the high $600s for the stock
> price, which I believe will prove conservative. If you are ever worried
> about America’s future, then just look at these two kids, Larry Page
> and Sergey Brin, who built a $400 billion company out of their dorm
> room at Stanford in virtually no time, with no capital. Just ignore
> the office foosball table, volley ball court, and at-desk massage
> service.