Comments on: Google at $700? What About the Quality of Assets?

By: Rob

Rob — Fri, 02 Nov 2007 16:48:48 +0000

I can see that. Give me a free gPhone and hit me with extremely targeted advertising, multiply that by a few hundred million people, and it’s a huge number of ad dollars flowing through Google. But can they pull it off against some of the most powerful and cash rich companies in the world? That’s a hell of a fight, and not one I’m willing to concede to Google (and thus incorporate into their stock price) just yet.

By: laurence haughton

laurence haughton — Fri, 02 Nov 2007 16:06:43 +0000

I thnk I can show you a scenario where the Google phone generates $100 billion a year in revenue. Sure it’s optimistic but there’s a history here that most people don’t know. If I’m right, what is Google worth then?

By: Jeff O'Connor

Jeff O'Connor — Fri, 02 Nov 2007 11:13:02 +0000

Thank God there’s someone else in the world who thinks this way besides me!

I have never denied the superior nature of Google’s search engine over its competition (though I would argue that Ask, Live, and Yahoo! have narrowed the gap considerably of late), and when I need something specific right now, Google is where I go to find it.

Still, at the end of the day Google is still just a search engine, and no matter how hot-and-bothered the code-monkeys might get over Google Labs and its progeny, I just don’t see how that warrants a $700 stock price.

If you click the link in my name, you’ll see that I once said that Yahoo! shareholders need a swift kick in the ass; I’m going to expound on that and say that Google’s shareholders need their head examined; the company is *not* worth $700 per share.

By: Rob

Rob — Thu, 01 Nov 2007 22:50:08 +0000

Dre,
I’ve read several articles that indicated the opposite – that the best and brightest were choosing other startups over Google.

By: raj

raj — Thu, 01 Nov 2007 21:28:55 +0000

I always find it interesting that a company who is supposedly offering web services good for all of us would ensure that most of us never own a share (and thus be able to vote at shareholder meetings) by not having split the shares yet.

Had they split 2, 3 times, I still think the stock would be at $300-400, and thus they’d have an even bigger market cap. But for some reason, they don’t want the average investor to own them. Don’t be evil, G.

By: Dre

Dre — Thu, 01 Nov 2007 20:18:33 +0000

The Michael Jordan comment is pretty off base. Michael Jordan couldn’t buy baseball talent. Google can go out and recruit the best engineers out there when it comes to mobile phones. Its not in the least bit the same. What is stopping them from doing it and why wouldn’t someone want to work for Google? They are going to do it. The best and brightest out there today are working for Google.

By: Lee Cockrell

Lee Cockrell — Thu, 01 Nov 2007 19:31:45 +0000

You know what this means, of course:

Buy more BRK.B.

By: Joe

Joe — Thu, 01 Nov 2007 17:45:35 +0000

The people who are excited about the gphone are the same crowd who thought Michael Jordan would be a good baseball player. Baseball ain’t basketball, and software ain’t hardware.