menial - 11:04 pm on Nov 30, 2007 (gmt 0)

Google has no idea what they are doing beside Search, Adwords and Adsense. The rest of this is just a way of saying "we're doing something..."

I agree with that. The problem is that most investors (who have a lot of money, but very vague idea about how the Internet business works) are wishful-thinkers and hope this "something" will end up being a perpetuum-mobile. Ain't going to happen though.

It reminds me the question: "How did dot-com bust started?"