DISQUS

VentureBeat: Does the rapid descent of Google’s stock mean anything? Nobody knows.

  • VENKATAKRISHNA NALAMOTHU · 1 year ago
    It is investor's over reaction. Accumulate more of Google stock. Google is a fundamentally sound company with good growth prospects.
  • Matthew · 1 year ago
    I agree wholeheartedly. Google is synonymous with advertising online. We don't tell people to search using a search engine, we tell them to 'google it.' In fact, I think its the first online business with that kind of mind share in its customer base. That's pretty dang powerful. Not to mention the EU is most likely going to give the thumbs up on the Doubleclick acquisition which means that google literally will be the king of the hill when it comes to online marketing. They're feeling a pinch because the economy itself is down. Advertisers are paying less money to google for advertising because they're pulling in less money thanks to hard economic times, and people are buying less which means google is going to be pulling in even less money.
    Google is a fundamentally strong company with a position that most other companies could only dream of - hence Microsoft slamming them every chance they can. They're not going anywhere. Use this as a chance to get a great stock at a low low price.
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