Comments on: Do We All Move As Google Moves? http://www.centernetworks.com/do-we-move-as-google-moves Web 2 and Social Media News and Reviews Sat, 21 Nov 2009 01:50:56 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: The Realest Drama 2.0 http://www.centernetworks.com/do-we-move-as-google-moves/comment-page-#comment-16360 The Realest Drama 2.0 Wed, 30 Nov -0001 00:00:00 +0000 #comment-16360 I think you're asking the wrong question. It should be: do you believe that the Internet moves as the rest of the world moves? I've believed that the market has overvalued Google for quite some time and that it was due for a correction anyway. But the larger issue is that far too many people seem to think that Internet businesses are somehow disconnected from the economy at large. It's eerily reminiscent of the "New Economy" bullshit that enabled so many to believe that the absurd stock prices of Internet companies in Bubble 1.0 could somehow be justified because there was some separate economics at work with Internet companies. The current global economic crisis is bad and is going to get worse. While it's unlikely that Google is going to collapse because of it, I do think it will feel some pain. Google, and all of the other Internet companies dependent on advertisers, are NOT recession resistant. <a href="http://www.drama20show.com/2008/01/02/reflecting-on-recession/">http://www.drama20show.com/2008/01/02/reflecting-on-recession/</a> <a href="http://www.e-consultancy.com/news-blog/364904/why-the-internet-economy-isn-t-immune-from-recession.html">http://www.e-consultancy.com/news-blog/364904/why-the-internet-economy-isn-t-immune-from-recession.html</a> It will be interesting to see how the Googlers react to the news that they're part of the same reality everybody else is. I only hope that they stop with their <a href="http://www.drama20show.com/2008/01/18/google-to-save-the-world-with-twitter-facebook/">asinine attempts to save the world</a>. At this point, they'll probably need to focus more on saving their stock price. I think you’re asking the wrong question. It should be: do you believe that the Internet moves as the rest of the world moves?

I’ve believed that the market has overvalued Google for quite some time and that it was due for a correction anyway. But the larger issue is that far too many people seem to think that Internet businesses are somehow disconnected from the economy at large. It’s eerily reminiscent of the “New Economy” bullshit that enabled so many to believe that the absurd stock prices of Internet companies in Bubble 1.0 could somehow be justified because there was some separate economics at work with Internet companies.

The current global economic crisis is bad and is going to get worse. While it’s unlikely that Google is going to collapse because of it, I do think it will feel some pain. Google, and all of the other Internet companies dependent on advertisers, are NOT recession resistant.

http://www.drama20show.com/2008/01/02/reflecting-on-recession/
http://www.e-consultancy.com/news-blog/364904/why-the-internet-economy-isn-t-immune-from-recession.html

It will be interesting to see how the Googlers react to the news that they’re part of the same reality everybody else is. I only hope that they stop with their asinine attempts to save the world. At this point, they’ll probably need to focus more on saving their stock price.

]]> By: Darren http://www.centernetworks.com/do-we-move-as-google-moves/comment-page-#comment-16369 Darren Wed, 30 Nov -0001 00:00:00 +0000 #comment-16369 I think are google desperate would have been a better title. I think the big story here is the drop of adsense revenue for site owners. Now noone knows the split between what they make on search results and what they make from websites displaying it. the reason behind the incredimail episode may have been because they were going to show a massive revenue loss and that would have hit the google stock price. I think are google desperate would have been a better title. I think the big story here is the drop of adsense revenue for site owners. Now noone knows the split between what they make on search results and what they make from websites displaying it.

the reason behind the incredimail episode may have been because they were going to show a massive revenue loss and that would have hit the google stock price.

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