yabanip

yet another blog about nothing in particular

Jan 15, 2006

Shares of Google headed for a fall?

Googlemania is no longer restricted to geeky fanboys but has spread far and wide. The company is ridiculously overvalued by any traditional measure. Those of us with a memory longer than 6 years recognise this immediately. Google's megalomaniacal attitude, their gimmicky "innovations", wild acquisitions and inability to handle spam, pagerank manipulation and click fraud all point in the same direction. And again it will begin within the geekdom as Google takes over the mantle of being the most hated company away from MS. At least one analyst is coming out and showing some concern. The rest just follow the crowd and boost it up to $600 and even to $2000

tags: google, google-is-overvalued, googlemania, investment

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