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Jacob
User Rank
Iron
Re: Seems a bit hasty
Jacob   1/23/2012 1:39:57 AM
NO RATINGS
1 saves
Scott, but still it seems that Google is in good financial health. But dollar had gained over the other foreign exchange rates and hence it has to be resulted in a positive way for Google.

Scott Raynovich
User Rank
Blogger
Re: Seems a bit hasty
Scott Raynovich   1/20/2012 9:38:36 PM
NO RATINGS
Good idea on ditching the solar -- they seem to be getting a little overextended. But that's what happens when you have billions to burn.

Phoenix
User Rank
Gold
Re: Seems a bit hasty
Phoenix   1/20/2012 9:15:41 PM
NO RATINGS
Scott from your analysis I don't think google will get in to trouble anytime soon. However they need to continue looking at new and innovative ways to find new business. The move towards the mobile industry looks tricky but most users now do most of their searches on their phone on the go. So they might be on to something.

Noreen Seebacher
User Rank
Blogger
Re: Seems a bit hasty
Noreen Seebacher   1/20/2012 4:10:03 PM
NO RATINGS
Maybe Google should rethink its committment to solar investments and stop tilting at windmills.

Scott Raynovich
User Rank
Blogger
Re: Seems a bit hasty
Scott Raynovich   1/20/2012 3:53:10 PM
NO RATINGS
True, and still not terribly expensive trading at 11X next year's earnings with a PEG of .78

Bargain Bin
User Rank
Blogger
Seems a bit hasty
Bargain Bin   1/20/2012 3:47:42 PM
NO RATINGS
Google still looks to be in excellent shape, especially considering that no search engine is likely to come near displacing them in the near future. Seems like investors had panic attacks over nothing. 

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