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Technology Stocks : Alphabet Inc. (Google) -- Ignore unavailable to you. Want to Upgrade?

To: Cyprian who wrote (8528)	3/7/2006 8:46:28 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 15857

well, I don't know what joe public thinks, because of course we all know the shorts have been destroyed in this stock all along. But to consider a 50% growth rate or anything even close to that as anything but hypergrowth for a company of this size is somewhat naive. If GOOG grows 50% per annum this will be a $1000 stock in no time. I don't know if they will do that, but at this point, there isn't any more to indicate it won't happen than evidence to indicate it will. I do know that there are a lot of retailers on the short/put side. And they are not objective.

To: Cyprian who wrote (8528)	3/7/2006 8:48:24 PM
From: Cyprian	Read Replies (1) \| Respond to of 15857

i think this article explains why it is nothing to get excited about... Google inadvertently reveals forecasts In another gaffe, botched report implies 57% sales growth marketwatch.com (snip) While Google took pains to disavow the sales estimates that were disclosed, the information suggests that at least as of late last year, the company was projecting its advertising revenue would leap almost 57% in 2006, in line with Wall Street's current expectations. ................................................................. While the filing didn't elaborate on the $9.5 billion figure, it appears that Google was referring to its gross revenue, a sum that doesn't strip out the cost of payments made to partners that steer Internet traffic to its Web sites. That would imply projected gross advertising sales growth of 57% this year. Google posted $6.1 billion in gross sales last year and $4.02 billion in net revenue. Net revenue does exclude traffic-acquisition costs. "We think the $9.5 billion number implies a net revenue number of about $6.5 billion, which is roughly in line with current consensus estimates," said Ben Schachter, an analyst with UBS Securities. On average, analysts estimate Google will post $6.5 billion in net sales this year, according to a Thomson First Call survey. Some analysts predict Google will generate $9.5 billion in gross sales.

To: Cyprian who wrote (8528)	3/7/2006 9:43:54 PM
From: Stock Farmer	Respond to of 15857

i'm glad that you understand that the $9.5 billion is for '06 NOT '07 as some think, and of course it excludes traffic acquisition costs. [bold is mine] If you read carefully, it's inclusive of TAC. Revenue reported for FY '05 was 6.139 B$ (before TAC). Second, the note in question was: "projected to grow from $6bn this year to $9.5bn next year..." So, since the $9.5bn was compared to the $6bn which was itself before TAC, it would be inconsistent to conclude that the 9.5 bn is after TAC.