Comments on: G-Oh-Oh-G http://gigaom.com/2006/01/31/google-stock-skids/ The Business of Technology Sat, 22 Nov 2008 08:43:12 +0000 http://wordpress.org/?v=MU hourly 1 By: Om Malik on Broadband : » Silicon Valley Shrugs Off Google Hiccup http://gigaom.com/2006/01/31/google-stock-skids/#comment-43978 Om Malik on Broadband : » Silicon Valley Shrugs Off Google Hiccup Wed, 01 Feb 2006 14:50:27 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43978 <p>[...] Silicon Valley is leaving knee jerk reactions to Google’s lukewarm quarter to the Wall Street crowd. That was the finding of my reporting yesterday after the search giant reported its earnings. I filed this report for CNN Money, that went live this morning. Though, I never got to quote him for the story, David Hornik of August Capital sent a very succinct message that sums it up nicely. “I suspect that every one of my startups would be thrilled to miss their earnings by only making $1.92 Billion in the quarter,” he says. “Google’s performance remains spectacular, so I can’t imagine that it will negatively impact the startup climate.” [...]</p> [...] Silicon Valley is leaving knee jerk reactions to Google’s lukewarm quarter to the Wall Street crowd. That was the finding of my reporting yesterday after the search giant reported its earnings. I filed this report for CNN Money, that went live this morning. Though, I never got to quote him for the story, David Hornik of August Capital sent a very succinct message that sums it up nicely. “I suspect that every one of my startups would be thrilled to miss their earnings by only making $1.92 Billion in the quarter,” he says. “Google’s performance remains spectacular, so I can’t imagine that it will negatively impact the startup climate.” [...]

]]> By: Mick Weinstein http://gigaom.com/2006/01/31/google-stock-skids/#comment-43977 Mick Weinstein Wed, 01 Feb 2006 07:07:30 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43977 <p>We posted the full Google conference call transcript: http://internetstockblog.com/article/6351</p> <p>Enjoy.</p> We posted the full Google conference call transcript:
(link)

Enjoy.

]]> By: pwb http://gigaom.com/2006/01/31/google-stock-skids/#comment-43976 pwb Wed, 01 Feb 2006 06:35:09 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43976 <p>Major buying opportunity when it was down $75. Already re-bounded by $25. The core business is clearly sound and continuing to grow rapidly despite being already ginormous. As Gopi notes, who cares about some poor tax planning?</p> Major buying opportunity when it was down $75. Already re-bounded by $25. The core business is clearly sound and continuing to grow rapidly despite being already ginormous. As Gopi notes, who cares about some poor tax planning?

]]> By: Gopi http://gigaom.com/2006/01/31/google-stock-skids/#comment-43974 Gopi Wed, 01 Feb 2006 06:12:36 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43974 <p>IMHO Business wise Google is still doing good ,it seems the earnings miss is mainly due to tax issues.</p> <p>Google's effective tax rate in the fourth quarter was nearly 42 percent, well above the roughly 30 percent rate during the second and third quarters.Google would have matched the average analyst estimate if not for this higher tax rate</p> IMHO Business wise Google is still doing good ,it seems the earnings miss is mainly due to tax issues.

Google’s effective tax rate in the fourth quarter was nearly 42 percent, well above the roughly 30 percent rate during the second and third quarters.Google would have matched the average analyst estimate if not for this higher tax rate

]]> By: Sasha http://gigaom.com/2006/01/31/google-stock-skids/#comment-43972 Sasha Wed, 01 Feb 2006 05:20:06 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43972 <p>"Google punters are going get their shins kicked….. hard." http://gigaom.com/2006/01/06/google-2000/#comments </p> <p>Om made a good call on Jan. 6.</p> “Google punters are going get their shins kicked….. hard.” (link)

Om made a good call on Jan. 6.

]]> By: Om Malik http://gigaom.com/2006/01/31/google-stock-skids/#comment-43971 Om Malik Wed, 01 Feb 2006 04:53:50 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43971 <p>yup, it is wall street with its overblown expectations etc etc etc. i am surprised that people don't learn from the past. they price stocks for perfection, and then cry when something goes wrong. oh it is so strange....</p> yup, it is wall street with its overblown expectations etc etc etc. i am surprised that people don’t learn from the past. they price stocks for perfection, and then cry when something goes wrong. oh it is so strange….

]]> By: patil http://gigaom.com/2006/01/31/google-stock-skids/#comment-43970 patil Wed, 01 Feb 2006 00:47:21 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43970 <p>Glad they missed the earnings. Their is still strength in the stock as it recovered half of it's loss. At 4:50PM EST, WSJ reported it was down 19%. <i>Google Inc.'s profit and sales surged in the fourth quarter, but the results disappointed investors, who were expecting another blockbuster quarter from the Web search giant. Shares plunged 19% in volatile after-hours trading</i> At 7:46PM EST, it is down by 11%.</p> Glad they missed the earnings. Their is still strength in the stock as it recovered half of it’s loss. At 4:50PM EST, WSJ reported it was down 19%. Google Inc.’s profit and sales surged in the fourth quarter, but the results disappointed investors, who were expecting another blockbuster quarter from the Web search giant. Shares plunged 19% in volatile after-hours trading At 7:46PM EST, it is down by 11%.

]]> By: Ro http://gigaom.com/2006/01/31/google-stock-skids/#comment-43957 Ro Wed, 01 Feb 2006 00:02:25 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43957 <p>Goog executives may or may not care about the impact that the stock price has. Ultimately they're down $1-$10MM... out of $100MM - $1B in assets. The employees who've joined Goog over the past year may care however as option compression begins to impact their net worth. Prolly not an issue at this point, but something Goog will probably start taking note of. </p> <p>This can impact investment in non-revenue generating projects since you can't have a 4% drop in operating margin as a standard as they did this past quarter.</p> Goog executives may or may not care about the impact that the stock price has. Ultimately they’re down $1-$10MM… out of $100MM - $1B in assets. The employees who’ve joined Goog over the past year may care however as option compression begins to impact their net worth. Prolly not an issue at this point, but something Goog will probably start taking note of.

This can impact investment in non-revenue generating projects since you can’t have a 4% drop in operating margin as a standard as they did this past quarter.

]]> By: Scott Dunlap http://gigaom.com/2006/01/31/google-stock-skids/#comment-43955 Scott Dunlap Tue, 31 Jan 2006 23:08:03 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43955 <p>GOOG was up BEFORE the announcement...now plunging like crazy. </p> <p>Think of it this way - GOOG is still proving analysts wrong, only this time the analysts thought GOOG was going to do better. ;-)</p> <p>SD</p> GOOG was up BEFORE the announcement…now plunging like crazy.

Think of it this way - GOOG is still proving analysts wrong, only this time the analysts thought GOOG was going to do better. ;-)

SD

]]> By: Daniel Nicolas http://gigaom.com/2006/01/31/google-stock-skids/#comment-43953 Daniel Nicolas Tue, 31 Jan 2006 22:56:38 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43953 <p>is it just me, or did google's stock go UP today?</p> <p>and since when does google ever play to make the market and wall street analysts happy?</p> <p>I mean, they've been proving wall street analysts wrong ever since the IPO.</p> is it just me, or did google’s stock go UP today?

and since when does google ever play to make the market and wall street analysts happy?

I mean, they’ve been proving wall street analysts wrong ever since the IPO.

]]> By: mathewingram.com/work http://gigaom.com/2006/01/31/google-stock-skids/#comment-43951 mathewingram.com/work Tue, 31 Jan 2006 22:45:28 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43951 <p><strong>Google misses — but will it matter?</strong></p> <pre><code>Google may be working on a version of the Ubuntu Linux OS, as reported by The Register, but maybe it should be spending a bit more time on a good accounting app — it just missed Wall Street’s estimates for both sales and profit for the la... </code></pre> Google misses — but will it matter?

Google may be working on a version of the Ubuntu Linux OS, as reported by The Register, but maybe it should be spending a bit more time on a good accounting app — it just missed Wall Street’s estimates  for both sales and profit for the la...
]]> By: brian http://gigaom.com/2006/01/31/google-stock-skids/#comment-43949 brian Tue, 31 Jan 2006 22:12:26 +0000 http://gigaom.wordpress.com/2006/01/31/google-stock-skids/#comment-43949 <p>Do I hear a Web 2.0 bubble bursting? (See Yahoo q4, natch)</p> Do I hear a Web 2.0 bubble bursting? (See Yahoo q4, natch)

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