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MrMatt

MrMatt
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  • Google: Early Thoughts On The Split [View article]
    I don't care about market price, I care if the share represents the same relative ownership interest now and in the future. If they represent a different relative ownership interest, I'd like to see that document.

    Different people will assign different weights to the voting rights, that's fair and reasonable. It may be a large or small value.

    Due to the tight voting control maintained by Google insiders I see the voting rights as nearly worthless for the foreseeable future. My Class A shares give me no more control over the future direction of Google than my Class C shares do.
    The only practical value they have is when I sell to others.

    There is also the possibility of a holder of significant Class B shares getting hit by the proverbial bus, which may actually result in a loss of control by the founders, but I feel comfortable assuming that they're not playing in traffic.
    Apr 17 02:58 PM | Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    Tomal,
    What other perspective is there?

    Google has 670M shares outstading today.

    If you own 1 share (A, B or C), you own 1/670M of the company.

    Next year Google will have 800M shares outstanding.
    If you own 1 share (A, B or C), you own 1/800M of the company.

    You're equally diluted no matter what form of stock you have.
    Apr 17 01:13 PM | Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    For most practical purposes today, the voting power of A and C shares are equally effective. As long as there is a small group that controls a strong majority of voting stock, it doesn't matter what the rest of the world thinks.

    We don't get a say.
    Apr 17 12:03 PM | Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    So what is the equity stake of Class A, Class B & Class C respectively?

    I thought Class C was just to avoid vote dilution.
    Apr 17 10:47 AM | Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    Tomal,
    But whether that new share is class A or class C really doesn't change anything.
    It's just simple equity dilution, and it should affect all classes of stock the same.
    Apr 17 10:32 AM | Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    Ooi,

    The question is if the equity stake is the same for a share in each class or not.

    I would assume that my equity stake is My shares/total shares.
    Where my shares is A+B+C, and total shares is A+B+C.

    If the number of C shares is increased, it doesn't really devalue my C shares any more than it devalues my A or B shares.
    Apr 17 09:56 AM | Likes Like |Link to Comment
  • Google -5.7% AH; ad prices stable, but paid click/hardware growth slows [View news story]
    GOOG has been a bit on the more expensive side for a while,

    When people think the growth is slowing it should slide down a bit, I see $500 as completely reasonable, however I don't expect it to slide to or below $400 for long, and I'd definitely want to pick up a bit more at that level.
    Apr 17 08:14 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I think Mayer has gotten an unfair level of criticism, she's clearly smart and capable.
    A turnaround of this scale is very hard and Yahoo is doing a lot of good things.

    My email complaint is just an example of a very basic technology that shouldn't even be an issue. It's a 30 year old technology, and quite simply embarrassing.

    There are lots of good companies, and many have positive attributes, I spend most of my time screening by looking for a few reasons to NOT buy a company. Tech company that can't run a mailserver, they're out.
    Apr 17 08:01 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The Iraq war was widely supported when it was politically popular, and widely decried when it was unpopular.
    The suggestion is that political support for Global warming will also fall in the future.
    Apr 16 01:12 PM | 2 Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    If Google bought out all Class A shares it would be worth about what it is worth now, or even less.
    The voting power is held in the Class B shares, which aren't for sale.
    Apr 16 01:08 PM | Likes Like |Link to Comment
  • Intel: Mixed Report, But Getting Better [View article]
    I'm surprised by the success in embedded.
    It's quite a competitive market, and success here bodes well for other stickier applications.
    Apr 16 09:58 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I think Yahoo is doing well by a lot of measures, but they can't even get their email working reliably.
    By not working reliably, their "conversation" view in their mail app is broken, and both POP and IMAP don't work well.

    If you can't run an email server, you've got serious problems as a tech company.
    Apr 16 07:54 AM | 4 Likes Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    There never was going to be a proper activist stake.
    There was voting and multi voting, now with the introduction of non voting they're making it clear, they only want silent partners.
    Apr 15 10:05 AM | 1 Like Like |Link to Comment
  • Google: Early Thoughts On The Split [View article]
    There has never been a plan or intent to level the field between A & B shares.

    B shares have 10x the votes of A shares, a benefit lost once sold. That gimmick was totally about control.

    The A and C split is again about keeping control in the hands of those same people. Google will abide by the terms of the settlement.

    What is fairness? If you want to be a silent partner, you can be. Realistically the public never had effective voting rights, and the C shares just make it more obvious.
    Apr 15 06:05 AM | Likes Like |Link to Comment
  • Intel: The Final Push Before Earnings [View article]
    It's easy to go thinner, lighter and longer battery life if you're willing to throw away performance.
    Apr 14 07:52 AM | 1 Like Like |Link to Comment
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