http://cbs.marketwatch.com/news/story.asp?guid=%7B01DBE7A4-4DEA-4A48-88CC-519416ADE90E%7D&siteid=google&dist=google
here’s a quote:
Last year, it rang up a profit of $105.5 million on revenue of $961.8 million, according to IPO papers filed with the Securities and Exchange Commission. Cash generated from operating activities totaled $395.4 million.
here’s a question:
Does anyone know what % of that $395.4 million was generated by gambling terms? I wonder if it will affect the stock price when that revenue is gone? Seems to me even with new offerings, next year they won’t be as profitable from operations alone as they were last.
If you are thinking about buying any Google stock, wait for the dust to settle after all the suckers jump in and get burned when the stock price comes crashing back down.
Also, those of us on this forum know something that most investors do not know and that is that Google lost a tremendous amount of market share when Yahoo dropped them this year.
So while Google is a great company and it will be the biggest IPO in history, it is NOT a good investment. At least not until the stock price drops back to the offering price.
Just my 2.5 cents …
Am I not the only one who finds it coincidental that the IPO was announced nearly simultaneously with the demise of the pharmacy and gambling ads? If the gambling ads were removed solely from political pressure than they would still enable you to target non-usa countries.
Originally posted by antoine
The only people who earn money from an IPO are the underwriters of it. If you want to buy the stock wait a week or two. I’m not quite sure what the advantage of buying google would be anyway. They’ve all ready experienced all the growth that they can, from now on it’s simply the market shrinking with increasing pressure from yahoo and msn.Am I not the only one who finds it coincidental that the IPO was announced nearly simultaneously with the demise of the pharmacy and gambling ads? If the gambling ads were removed solely from political pressure than they would still enable you to target non-usa countries.
You got that right! Google is going public while their balance sheet and P&L shows MAXIMUM income! It’s all downhill from here.
Yes I agree all down hill (their business Model, as we know it now)
But maybe not the stock price.
Google has played the press well.
The market is all about hype and Google has plenty of it more so than EBAY when they went public.
It might be a good one to ride short term if you’re a gambling man.
It will be quite some time before the revenue will be comparable to last quarter
(In the long term look)
Once they have the revenue from the investors, who knows what they will come up with next (with their business Model)
My 2.4 cents
Brad
Originally posted by antoine
I have no doubt that it will initially go up, it’ll probably triple. But no common investor will be able to ride the wave.
I agree. This will be a classic skyrocket stock. Zoom up, then crash back down.
If you are quick on the keyboard (and lucky) you can make some fast money.
But it’s not a gamble I would want to take.
With both MSN and Yahoo having announced that they will agressively go after the search market, google will be fighting an uphill battle.
And losing all those gambling ads has to hurt.
I like to buy when things have collapsed – I bought Amazon when the bubble burst and did quite well with it.
I have been toying with the idea of placing a few chips on Martha Stewart stock – I am watching a tad longer for signs of life. I may swing by a Kmart and see how her stuff is still selling.
Another one that I did well was Overture back when it went down to $13 last year. Unfortunately I sold it too early at $17.
There’s a lot of good companies that sink for no good reason but some rumors, or information that suddenly hits national tv, even if the information isn’t quite new.
Antoine
friend lost over $100,000.00 and had to almost declare
bankruptcy. From my personal experience I have not met
many people who have made money on stocks. In fact,
I have met more loosers than winners by a wide margin.
From my perspective the stock market is really just one
big slot machine and eventually the house wins and you loose.
Real estate however is where I have met MANY that have
done extremely well.
:rolleyes:
I did well on real estate from the mid 90’s until early the 2000’s and then took a HUGE loss.
Did okay with Expedia when the timing was right, but lost on others.
There is no quick, “for sure” deal. It’s a matter of good timing, some commons sense and a wee bit of luck.
I imagine the institutional investors etc. will clean up with Google, for the avergage Joe, it’s pretty much a gamble I thinks. ” title=”” class=”bbcode_smiley” />
PS – Anyone want some 7 figure prime Vancouver Island Real Estate???
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