homepage Welcome to WebmasterWorld Guest from 54.198.42.105
register, free tools, login, search, pro membership, help, library, announcements, recent posts, open posts,
Become a Pro Member

Home / Forums Index / Google / Google Finance, Govt, Policy and Business Issues
Forum Library, Charter, Moderators: goodroi

Google Finance, Govt, Policy and Business Issues Forum

    
Google 'spending like drunken sailors'
Whitey




msg:3399785
 7:12 am on Jul 20, 2007 (gmt 0)

I was amused by this headline grab of Google's operating expense blowout :

[smh.com.au...]

"The story is they've blown it on expense ... Operating expenses were much higher than everyone was expecting," said Jeffrey Lindsay, analyst at Sanford C. Bernstein, adding that "these guys have been spending like drunken sailors."

Not sure how the financial surgery will effect us folks.

 

texasville




msg:3401183
 6:01 am on Jul 22, 2007 (gmt 0)

I could swear I used that exact same phrase here in WW over a year ago. LOL. Last I heard the stock was down $28 a share and expected to take a beating Monday. Probably about time for an "adjustment". Not really happy about it. Google has been kind to me lately. But the spending has been incredible. Anyone know what their latest P/E is?

texasville




msg:3401494
 10:48 pm on Jul 22, 2007 (gmt 0)

Well I did use that phrase but it was in September 2005 and I had no idea it would get far worse than it was then.
[webmasterworld.com...]

Whitey




msg:3401545
 12:46 am on Jul 23, 2007 (gmt 0)

Could it be that a journalist referenced your terminology and was prompted by your remark.

:)

texasville




msg:3402074
 2:26 pm on Jul 23, 2007 (gmt 0)

LOL> I doubt it. I think it is just an identical observation generated by an obvious action.

Global Options:
 top home search open messages active posts  
 

Home / Forums Index / Google / Google Finance, Govt, Policy and Business Issues
rss feed

All trademarks and copyrights held by respective owners. Member comments are owned by the poster.
Home ¦ Free Tools ¦ Terms of Service ¦ Privacy Policy ¦ Report Problem ¦ About ¦ Library ¦ Newsletter
WebmasterWorld is a Developer Shed Community owned by Jim Boykin.
© Webmaster World 1996-2014 all rights reserved