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Wednesday, July 21, 2004

Commonsense advise about Google IPO

Reasons Google Could Become a Penny Stock.Google is a great website, but a lesson of the dotcom bubble is that a great website is not always a great business, advises Dr. Steve Baba.Google’s expected IPO has attracted enormous, one-sided, positive buzz from Google fans, techies nostalgic about the boom years, and day traders hoping for quick profits. The article lists Google’s many potential business challenges, several of which could turn Google into a penny stock. While this may look a little far fetched -pl. remember Altavista's downfall and the rise of Yahoo in the search space.
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Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld
"All views expressed are my personal views are not related in any way to my employer"