Google stock stopped trading

RawAlex · 2006-01-31, 04:42 PM

http://thestreet.com/tech/internet/10265459.html

Seems like Google missed their revenue expectations by a good long way...

Quote:

The Mountain View, Calif., company made $372 million, or $1.22 a share, up from the year-ago $204 million, or 71 cents a share.

More important, the search giant put its non-GAAP earnings for the quarter ended Dec. 31 at $1.54 a share. Analysts surveyed by Thomson First Call were looking for $1.76. Net revenue, excluding the money Google shares with partners, was in line with estimates at $1.29 billion.

One surprise came on the tax line, where Gooogle had guided for 30% but came in at 31.6% for the year and 41.8% for the latest quarter. The company cited a rise in costs internationally.

Revenue increase but not as much as expected, and expenses (especially taxes) are way up.

Not everything is perfect at googleplex, apparently.

Alex

MadMax · 2006-01-31, 05:21 PM

"This is a company that's priced for perfection and it didn't deliver perfection today."

Perfection is a hard mark to hit every time. Interesting read, thanks

RawAlex · 2006-01-31, 05:43 PM

IMHO, google is going to deliver much less than perfection again in the future, with click fraud eating away at buyers and causing revenues to be less than expected over the long run. You don't have to go far to find companies or individuals who are less than satisfied with the results of and adwords campaign.

Alex

MadMax · 2006-01-31, 05:47 PM

Quote:

Originally Posted by RawAlex

You don't have to go far to find companies or individuals who are less than satisfied with the results of and adwords campaign

I certainly don't...damned mirrors

Tommy · 2006-01-31, 07:50 PM

After Hours (RT-ECN): 381.95 50.7101 (11.72%)

and droping

mpahlca · 2006-01-31, 11:20 PM

LOL its a massively over priced stock they don't care what it's at, you could have bought in at 100 sold at 200 and been smiling as you put that money in homedepot or starbucks or coke. Google shares are NON voting means they aren't worth anything you don't have a real stake in the company instead they are nothing more than valuable pieces of eletctronic paper.

Papa · 2006-02-01, 07:48 AM

50$ down now !!?????????????????????????????????

f*ck sh*t f*ck sh*t

tiger · 2006-02-01, 11:43 AM

GOOG gives zero guidance, so missing or making numbers doesn't mean a whole lot. Most importantly net revenues were up 82%. Thats fine with me. I will keep holding my shares.

JohnWebcams.com · 2006-02-02, 07:31 PM

time to do some tax planning.. newscorp pays only an average of 6% in taxes because they operate subsidiaries from tax havens.. google should do this instead of everything from the US

Altheon · 2006-02-03, 06:19 PM

Dam I wish I had sold short. I'd be making a bundle.

2006-01-31, 07:50 PM	#5
Tommy NYC Boy That Moved To The Island Join Date: Apr 2003 Posts: 2,940	After Hours (RT-ECN): 381.95 50.7101 (11.72%) and droping __________________ Accepting New partners

2006-01-31, 11:20 PM	#6
mpahlca I'm going to the backseat of my car with the woman I love, and I won't be back for TEN MINUTES Join Date: Apr 2003 Location: Vancouver B.C. Canada Posts: 89	LOL its a massively over priced stock they don't care what it's at, you could have bought in at 100 sold at 200 and been smiling as you put that money in homedepot or starbucks or coke. Google shares are NON voting means they aren't worth anything you don't have a real stake in the company instead they are nothing more than valuable pieces of eletctronic paper. __________________ michael@twistys.com ICQ: 348682342

2006-02-02, 07:31 PM	#9
JohnWebcams.com A woman is like beer. They look good, they smell good, and you'd step over your own mother just to get one! Join Date: Nov 2005 Posts: 50	time to do some tax planning.. newscorp pays only an average of 6% in taxes because they operate subsidiaries from tax havens.. google should do this instead of everything from the US __________________ $42+ PPS / ICQ: 476-111

2006-01-31, 05:21 PM	#2
MadMax "Without evil there can be no good, so it must be good to be evil sometimes" ~ Satan Join Date: Aug 2004 Location: Motor City, baby, where carjacking was invented! Now GIMME THOSE SHOES! Posts: 2,385	"This is a company that's priced for perfection and it didn't deliver perfection today." Perfection is a hard mark to hit every time. Interesting read, thanks

2006-01-31, 05:43 PM	#3
RawAlex Took the hint. Join Date: Mar 2003 Posts: 5,597	IMHO, google is going to deliver much less than perfection again in the future, with click fraud eating away at buyers and causing revenues to be less than expected over the long run. You don't have to go far to find companies or individuals who are less than satisfied with the results of and adwords campaign. Alex

2006-02-01, 07:48 AM	#7
Papa Kids are great, Appu. You can teach them to hate the things you hate and they practically raise themselves now-a-days, you know, with the internet and all Join Date: Nov 2005 Posts: 190	50$ down now !!????????????????????????????????? fck sht fck sht

2006-02-01, 11:43 AM	#8
tiger Internet! Is that thing still around? Join Date: Aug 2003 Posts: 8	GOOG gives zero guidance, so missing or making numbers doesn't mean a whole lot. Most importantly net revenues were up 82%. Thats fine with me. I will keep holding my shares.

2006-02-03, 06:19 PM	#10
Altheon Heh Heh Heh! Lisa! Vampires are make believe, just like elves and gremlins and eskimos! Join Date: Jan 2004 Posts: 74	Dam I wish I had sold short. I'd be making a bundle.