NationStates Jolt Archive


Google Nation

Lotus Puppy
02-10-2005, 03:42
http://www.linuxpipeline.com/blog/archives/2005/10/google_in_the_a.html
Google must be feeling real lucky. It is offering free wi-fi for nearly all of San Fransisco. It's not a locked deal, as it is in the running with a few other bids for a similar project, but I have a feeling that, because it is free, it will be accepted.
The cynic in me says that Google is doing this because they want more customers, and that they have more cash than they know what to do with. It's maddening, really. And it would mean great financial success for Google if it works out.
As a little rant, I had the chance to buy Google @ $85, but my stockbroker talked me out of it. It may be too volatile, he said. Well, look at it now.
Zanato
02-10-2005, 03:53
All hail Google.
Undelia
02-10-2005, 03:56
The cynic in me says that Google is doing this because they want more customers, and that they have more cash than they know what to do with.
Of course it's why they’re doing it. That doesn’t make it anything to be cynical about. It’s just good business sense.
Lotus Puppy
02-10-2005, 04:02
Of course it's why they’re doing it. That doesn’t make it anything to be cynical about. It’s just good business sense.
I know. I just now hate Google because they're rich, and I couldn't go along for the ride. Death to those two geeky bastards that founded it!
Epsonee
02-10-2005, 05:40
I know. I just now hate Google because they're rich, and I couldn't go along for the ride. Death to those two geeky bastards that founded it!
Hey, I like google. They got rid of all the clutter and news articles that yahoo.com and msn.com have. Their search engine is about searching.
Lotus Puppy
02-10-2005, 16:33
Hey, I like google. They got rid of all the clutter and news articles that yahoo.com and msn.com have. Their search engine is about searching.
Yeah, Google offers great services even faster than I can keep up with them. I do admire their innovation, and think they are a great company I should've invested in. But with a P/E ratio of over 57, they are on a highly unsustainable course. Their best bet is to sell many of the remaining unsold shares right now. Even if it depresses share price, it'll still be higher than when investors finally realize that this is an overvalued firm.