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Technology Stocks : Alphabet Inc. (Google)
GOOGL 320.01-1.0%Nov 26 3:59 PM EST

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To: KeepItSimple who wrote (6442)1/22/2006 2:11:12 PM
From: Urlman  Read Replies (1) of 15857
 
>>>>All that matters is that Google is a cult stock, and will trade based on greed and fear and not fundamentals.<<<

After reading Vise's book I don't beleive this anymore.
The hardware infrastructure Google has put in place has actually created a barrier to entry of sorts.

There is the Internet economy and now the Google Economy. AskJeeves became a billion dollar company from a penny stock because of Google.

There are micro and macro economics created by google.
It's amazing.

Anyone else read Vise?
There should have been a better segue from Google trying to emulate Warren Buffet to Buffet's company GEICO suing Google. Looks like retaliation to me but the author never made that transition.

Rambling.
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