Google lands not one but two major magazine covers this week:
Time: Meet The Google Guys
The answer to this question is classic Googlespeak:
IS THERE A GRAND STRATEGY FOR GOOGLE? IT SEEMS AS IF YOU’RE DIVING INTO ALMOST EVERYTHING.
SCHMIDT: We try very hard to look like we’re out of control. But in fact the company is very measured. And that’s part of our secret.
The article in Barron’s is less optimistic about Google’s financial future.
“Google reminds me very much of what went on in 1999 and 2000,” says Fred Hickey, editor of the well-regarded High-Tech Strategist newsletter and a member of the Barron’s Roundtable. “The valuation is insane, relative to what they do.”
And in comments about senior Google execs selling stock:
“… it’s notable that none have purchased shares in the wake of the recent stock pullback. Investors might be wise to follow what they do and not what they say.”
I’m a little more optimistic than that – but I may wait on buying any more GOOG.
Tags: Google, Time, Barron’s, GOOG
Google is doing some very forward-thinking acquisitions right now. Although their strategy has a higer risk than most organizations competing in their space, I think that they will continue to amaze their competitors and dominate their space.
Randy
http://www.4mysales.com