« Fannie Mae: Hiding Steep Credit Losses? | Main | Catching Up: Pynchon, Mortgages, and Economic Scenarios »

Latest Stories

November 15, 2007

Google: Pinched. Not Pinched. Pinched!

I'm not sure whether it's Google itself that is clouding men's minds, or just some algorithm at Google Finance, or maybe an errant headline writer at TheStreet.com, but the following set of scrambled headlines is currently on Google Finance for da GOOG:

google-pinch

As a reluctant aside, the actual article to which all these links point is ... well-intentioned but somewhat confused. I love my friends at TheStreet dearly, but this particular piece argues an intact  sphere around the subject, suggesting Google could be fine, hurt, helped, or wrecked by a weakening economy -- and then concludes, "It depends. Maybe".

Sphere It   |  Digg this! Digg it   |  Bookmark this! Bookmark it   |  Stumble It! Stumble it   |  Facebook this! Facebook it

Comments

Hi, Paul: As the editor of said story, I feel compelled to argue that the writer, Vishesh Kumar, is saying this: That a coming/present recession has a good shot of actually helping Google's search business due to the ultimate efficiency of search ads. HOWEVER, much of Google's current stock valuation is dependent upon its move into new markets, which stands to face additional hurdles under a slowdown, and will likely, ultimately, "pinch" its stock price. Your point on the headline(s) snafu is unfortunately dead on.

Competition might be stressful for business leaders, but I think it’s a net benefit for humanity. What’s really going to be interesting to observe in the next few years is the Gphone makes all media more ubiquitous, and how that ubiquity will impact company profits. That can benefit both consumers and investors. The NewsVisual article on Google’s Open Handset Alliance http://www.newsvisual.com/newsvisual/2007/11/google-and-moto.html implies that it’s really personal connections among business leaders that determine future success in the competitive marketplace. But consumers can also benefit from the new products those alliances spawn.

Perhaps Kumar is an economist.

Or maybe not!

Anyone who deals with accountants knows that the answer to any and every question is, "it depends." So, I'd argue he's a accountant (accredited or not) as much as an economist!