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

To: GVTucker who wrote (9705)	4/21/2006 3:27:00 PM
From: KeepItSimple	Read Replies (1) \| Respond to of 15857

Accretive to pro-forma scam numbers only. Interest income is not operating income. And using your logic, Google should just keep issuing a few million shares every week and get out of the business of search engines and advertisements all together- 5% interest on 20 billion in treasury bonds would be more than the company earns through operations right now. No matter how many shares Google issues- you claim that it would NEVER be dilutive. You fanboy sycophants astound me with your rose colored glasses. ----------- Because the GOOG stock offering is trading at a smaller earnings yield than the yield on the cash generated by the offering, the secondary isn't dilutive at all. It is accretive.