How long until Google pulls an Enron?

Discussion in 'Google' started by Lightning-Software, Aug 22, 2006.

  1. #1
    Day 1 Internet Invented

    Day 2 PPC Invented

    Day 3 Spam

    Day 4? PPC Removed

    Day 5? Spam sites cost money, spam removed

    To think google or anyone else can remove spam without removing the cause of spam is foolish. Google has made billions on spam and will continue, it's there cash crop... Maybe that is why google exec's are selling more stock then the enron exec's, maybe no more cash crop?

    Keep your eyes open for these small se upstarts that try to solve the spam problem, the one who does will be worth more than google in a few years.

    If you have google stock I suggest following the company leaders and leave while it's still worth money.
     
    Lightning-Software, Aug 22, 2006 IP
  2. Mia

    Mia R.I.P. STEVE JOBS

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    #2
    So what exactly does this have to do with Enron?
     
    Mia, Aug 22, 2006 IP
  3. BILZ

    BILZ Peon

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    #3
    And how do you know that the "company leaders" are selling their stock?
     
    BILZ, Aug 22, 2006 IP
  4. Bogo

    Bogo Guest

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    #4
    http://finance.yahoo.com/q/it?s=GOOG

    7 million shares sold by insiders, 0 bought.

    That's not that surprising though - google is at a high point - why would you buy high? That 7 mil is only about 8% of all insider shares. Not that much, and they're planned sales
     
    Bogo, Aug 22, 2006 IP
  5. IamNed

    IamNed Peon

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    #5
    Insiders have SOOO many shares worth SOOOO much money it isnt even funny. The first year of the iraq war could be funded with just insider sales beleive it or not.
     
    IamNed, Aug 22, 2006 IP
    Bondat and KLB like this.
  6. Mia

    Mia R.I.P. STEVE JOBS

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    #6
    Because SEC regulations require full disclosure of the sale of stock in a public corporation... Among other thigns.
     
    Mia, Aug 22, 2006 IP
  7. KLB

    KLB Peon

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    #7
    While I agree that it will be impossible to eliminate spam sites as long as PPC models exist, Google could go a long way towards reducing the problem by clamping down harder on MFA scraper sites that use AdSense. While this might hurt short term profits, it would probably help ensure better long term revenues by reducing the number of bottom feeders that taint the entire advertising model.
     
    KLB, Aug 22, 2006 IP
  8. Dekker

    Dekker Peon

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    #8
    Interesting..

    Just watched Enron: Smartest Guys or whatever that documentary was..pretty shitty stuff they did. But it was an interesting film/documentation.
     
    Dekker, Aug 22, 2006 IP
  9. phoenixcarpet

    phoenixcarpet Peon

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    #9
    interesting way of linking the two companies together. Just remember google will do no evil!!!
     
    phoenixcarpet, Aug 22, 2006 IP
  10. Phynder

    Phynder Well-Known Member

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    #10
    Come on - anytime you put more than two people together in a company there is potential for evil - no matter how much free love and etc and so on there is.

    Just ask the Chinese users of Google.
     
    Phynder, Aug 22, 2006 IP
  11. tbarr60

    tbarr60 Notable Member

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    #11
    Google's issue like any hot stock is that earnings can't grow at a high rate forever. Eventually it's price earnings ratio (at 55 now) will settle in between 20 and 35 and they will have to increase earnings to increase price.

    If I was an exec holding shares in the company while it's at it's likely highest P/E, I'd sell some now and when the market settles down, I'd buy back in or excercise some options.
     
    tbarr60, Aug 22, 2006 IP
  12. Phynder

    Phynder Well-Known Member

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    #12
    I think there is an AOL indicator here also. Think about when AOL was at the top of its game (or perhaps right about when they started to turn down) - what were they best know for? Those dang AOL CDs (or floppies) were everywhere!

    Now, Google has AdSense. AdSense is everywhere (possibly the cause of most of the SE SPAM also) - it has saturated the market. I think AdSense may be the AOL CD of this decade.
     
    Phynder, Aug 22, 2006 IP
  13. tbarr60

    tbarr60 Notable Member

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    #13
    AOL was kinda limited to the Internet for Dummies crowd. Google is an advertising company that is branching out from the internet, to print, radio, and TV. Some day we will be watching the Google Super Bowl or Google FA Cup or Google Tour de France. There's lots of advertising dollars that aren't in the Adsense realm at the moment.
     
    tbarr60, Aug 22, 2006 IP
  14. JC007

    JC007 Active Member

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    #14
    It will be a long time, just think about how Yahoo is lasting :)
     
    JC007, Aug 22, 2006 IP
  15. Dekker

    Dekker Peon

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    #15
    I don't think this is a good analogy. Not everyone has a high traffic website.
     
    Dekker, Aug 22, 2006 IP
  16. IamNed

    IamNed Peon

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    #16
    Im trying to visualize how that would work...
     
    IamNed, Aug 22, 2006 IP
  17. freespace

    freespace Well-Known Member

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    #17
    LOL a few years back when i was selling software, every order was shipped with one of those cds.

    We had thousands in the warehouse.
     
    freespace, Aug 23, 2006 IP
  18. tzimisce

    tzimisce Guest

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    #18
    The answer is 18 months ago when the company executives started dumping stock as fast as they could without getting arrested for insider trading.

    God I would feel so stupid if I owned Google stock right now.
     
    tzimisce, Aug 23, 2006 IP
  19. yfs1

    yfs1 User Title Not Found

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    #19
    Actually, it is the norm for insiders to sell a good deal of stock after the freeze period. It happens after every IPO. I don't see why Google is singled out as it would be a lot more suspicious if they held on to all of it and even more if they started buying.
     
    yfs1, Aug 23, 2006 IP
  20. Ohene

    Ohene Guest

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    #20
    Ohene, Aug 23, 2006 IP