Welcome to WebmasterWorld Guest from 54.159.44.227

Forum Moderators: goodroi

Message Too Old, No Replies

Google 'spending like drunken sailors'

     

Whitey

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

WebmasterWorld Senior Member whitey is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



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

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

WebmasterWorld Senior Member 10+ Year Member



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

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

WebmasterWorld Senior Member 10+ Year Member



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

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

WebmasterWorld Senior Member whitey is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month



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

:)

texasville

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

WebmasterWorld Senior Member 10+ Year Member



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

Featured Threads

Hot Threads This Week

Hot Threads This Month