Interesting Google Article

[bran987]

Seems like the stock is holding up pretty well..... maybe it will forever?

http://www.fool.com/news/commentary/2005/commentary05020806.htm?source=mppromo

 

[Mr.X]

If google becomes a trillion $ company, I promise you I'll become a priest.

Mr.X

 

[bran987]

If google becomes a trillion $ company, I promise you I'll become a priest.

Mr.X

Peace be with you, Father X

 

[gotmilk]

The major lock-up period expires next month I believe.

I can't see insiders holding their shares much longer unless they signed some kind of agreements not to sell...which I would think the SEC would not allow.

Almost 70% of their OS will be freed for selling.

 

[bran987]

Almost 70% of their OS will be freed for selling.

u gotta be kidding

 

[help4john]

Ironic....I was sitting around a few days ago thinking (as hard as that was)....that Google may be providing an opportunity to short. It has been performing better than expected. Whatever goes up.......

 

[Mr.X]

I had google stock, bought at $107.95 sold at $200.01 (my initial cap for the stock). Made a profit, yes, but I don't see the stock going anywhere. I just rode out my basic knowledge of idiots and ignoramouses jumping on "hot" stocks without doing research - and google was def. a hot one.

Mr.X

 

[Razorguns]

Google is in a very volatile market.

Another competitive with a "cooler" name (yeah that's how silly that search industry is) and more features -- could easily steal google's thunder.

Google doesn't have a _frim grip_ on the market like an ebay has. Speaking of -- Has Microsoft come out with their new search engine?

 

[bran987]

Google is in a very volatile market.

Another competitive with a "cooler" name (yeah that's how silly that search industry is) and more features -- could easily steal google's thunder.

Google doesn't have a _frim grip_ on the market like an ebay has.

between Yahoo's Overture and Google's Adwords, those guys have a stranglehold (90% of the market) course I stole that straight from the article at the top of the page

Speaking of -- Has Microsoft come out with their new search engine?

yep last week!

 

[bran987]

Yet there are more than a few bumps in the road that may test the mettle of this dot-com joyride. Microsoft (Nasdaq: MSFT) has launched a supposedly beefed-up search engine, which it will no doubt market aggressively. Yahoo! would be an idiot if it didn't extend its Overture offering to smaller publishers the way Google has with AdSense -- to such a ridiculously successful extent that nearly half of the company's revenues are coming from its network of partner publisher sites. Then you have insiders who may be itching to cash out after the lockup period ends in two weeks. While obviously all 177 million insider shares wouldn't flood the market overnight it would certainly be tempting if you were one of the lucky Google beneficiaries to take some profits after the stock's rewarding run over these past few months.

 

[gotmilk]

u gotta be kidding

No, there was a great article in the Wall Street Journal about this situation. Most stocks collapse but the WSJ was wondering if Page and Brin had anything set up to keep a massive dump coming.

I guess the real test will be to watch the short position this month

 

[Synpax]

The market is smarter than you think. It's not perfectly efficient, but it's efficient enough to have seen this coming. I don't think this will affect the prices much at all - because it has already been taken into account.