Goog

[Rob]

A Note to GOOG Pessimists

Google stock has already lost more than 39% of its value since it peaked on Nov. 7 last year and is now selling at just 34 x earnings. All the pessimists are acting as though GOOG is at a peak now and selling at a 300 multiple. If GOOG's earnings miss by a few cents, there will likely be an initial knee-jerk reaction sell-off, but I doubt it will be very deep, very wide, or long-lasting. Paid clicks may make up a substantial portion of Google's revenue, but don't forget paid searches. What do you do when you need to find a good price on ethernet cables, or Dan Post western boots, or a set of Fiestaware, or a carburetor for your Evinrude outboard motor? Most people google it. And the tighter money becomes, the more comparison shopping people are likely to do. Oh ... and if you are one who uses eBay more than Google to comparison shop, that's okay with me, 'cause I own some eBay too.

[New-born baby]

Google stock has already lost more than 39% of its value since it peaked on Nov. 7 last year and is now selling at just 34 x earnings. All the pessimists are acting as though GOOG is at a peak now and selling at a 300 multiple. If GOOG's earnings miss by a few cents, there will likely be an initial knee-jerk reaction sell-off, but I doubt it will be very deep, very wide, or long-lasting. Paid clicks may make up a substantial portion of Google's revenue, but don't forget paid searches. What do you do when you need to find a good price on ethernet cables, or Dan Post western boots, or a set of Fiestaware, or a carburetor for your Evinrude outboard motor? Most people google it. And the tighter money becomes, the more comparison shopping people are likely to do. Oh ... and if you are one who uses eBay more than Google to comparison shop, that's okay with me, 'cause I own some eBay too.

I hope you are right, Rob. I would not want to see the US markets suffer any more than they already have.

[IIC]

GOOG tidbits:

This year my CTR is 1/2 of what it was last year...but the vg. click has paid $.62 and last year the avg click paid $.53

[IIC]

GOOG tidbits:

This year my CTR is 1/2 of what it was last year...but the vg. click has paid $.62 and last year the avg click paid $.53

That means the avg. click costs the advertiser about $1.00...sorta hard for the little guy to compete...Other catagories are much cheaper tho

[Rob]

Need I Say More?

What can I tell ya boys and girls? Read 'em and weep. Nice to be on the right side of a position once in a while.

[New-born baby]

What can I tell ya boys and girls? Read 'em and weep. Nice to be on the right side of a position once in a while.

Congrats, Rob, to you and all the US markets. A GooG miss would have slaughtered the entire market worldwide, I think.

[peanuts]

I guess the ad-clickers are still buying.... what does this saying about the strength (or intelligence) of the consumer?

[IIC]

I guess the ad-clickers are still buying.... what does this saying about the strength (or intelligence) of the consumer?

As you can see from my last post altho my clicks have been down as far as CTR, my avg. EPC is up about 20%.

Altho I have not had that many visitors to my Beta coupon site yet...My EPC is up over 40% vs. my old coupon site...But again the CTR is lower.

[New-born baby]

Rob,
YaHoo says it popped $76. NICE! Congrats to you; I was wrong. So was Louis Navellier. A friend of mine subscribes, and he sent out a sell notice to all his subscribers. He had them buy at $310, so they were up 50% more or less. Still, they missed out on a nice $76 pop.

AAPL should benefit from this tomorrow, I would think, as well as RIMM.

[IIC]

Rob,
YaHoo says it popped $76. NICE! Congrats to you; I was wrong. So was Louis Navellier. A friend of mine subscribes, and he sent out a sell notice to all his subscribers. He had them buy at $310, so they were up 50% more or less. Still, they missed out on a nice $76 pop.

AAPL should benefit from this tomorrow, I would think, as well as RIMM.

Don't know about RIMM...But I agree on AAPL...I'm hoping some way some how ASIA will get dragged along on the coat tails

[Rob]

Rob, . . . Congrats to you; I was wrong. So was Louis Navellier.

Thanks, New-born. Perhaps Louis just made the same mistake we all make sometimes, that of overthinking the question.

[mimo_100]

It looks like GOOG will lead the market higher today - if the S&P breaks thru 1415-20 (and the DOW likewise around 13800) the market may be headed higher for a while!

[New-born baby]

Thanks, New-born. Perhaps Louis just made the same mistake we all make sometimes, that of overthinking the question.

GooG to $550 easy, now. Another $0.50 and it has made it already! lol

[IIC]

Last time I ever pay attention to these guys: http://tinyurl.com/3r2khr

[Rob]

Nice article, Douggie. The take-away line is: "Never believe single data points when they are touted by companies with self-serving agendas." Indeed.