Google is not a bargain at all. They are unfocused, and have too much cash and hype. AOL and Yahoo! before them followed the same path.
Most of their revenue is advertising, which will drop in a recession, and much of that is mortgage advertising which they already got paid for and need to work through the system.
No way... Google is on the way back down, like AOL and Yahoo! after it. They are just another unfocused internet startup with little experience, too much cash and a lot of hype.
Most of their revenue is advertising which is gonna fall, and much of that is mortgage advertising they already got paid for and need to work through the system.
iGoogle Gadgets Are Getting Social Smarts [View article]
Mark my words, that company is on the way down, just like it's predecessors.
Hubris and lack of focus are a powerful combination.
Google Looks Too Cheap to Ignore [View article]
Most of their revenue is advertising, which will drop in a recession, and much of that is mortgage advertising which they already got paid for and need to work through the system.
Google Looks Too Cheap to Ignore [View article]
Most of their revenue is advertising which is gonna fall, and much of that is mortgage advertising they already got paid for and need to work through the system.