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Liberty

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If you are of the school that goog has a defensible and growing moat, wouldn't goog leaps be a good way to get a little leverage on a high pps stock?  Is that a common strategy for stocks with a high price per share (share price not necessarily representing value) that smaller p.a.'s can't purchase in large amounts?

 

thanks,

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Interesting debate between Jeff Matthews and Henry Blodget on Facebook Vs Google advertising:

 

http://jeffmatthewsisnotmakingthisup.blogspot.com/2012/01/is-facebook-killing-google-no-but.html

 

I wholeheartedly agree that the value of Facebook rests in its treasure chest of demographic data and the ability for advertisers to use that data.  Google's response to this is Google+ and the new terms of service which allow integrating data across its services.

 

It's unlikely that Google will be able to reproduce Facebook's success on the social networking front, but that may not prohibit them from also building up a massive demographic treasure chest.  Google can make many valuable inferences about its users based on their interactions with search, gmail, maps, finance, youtube, etc.  The trick is to get the users to accept this.  Letting Facebook test the waters here will allow Google to jump in right afterwards.

 

I've established a new long position in Google and will round it out to about 25-30% of my portfolio.  The main driver for this is that I think Google is on the cusp of some major new ad growth.  In global terms, Google is well ahead of its competitors and continues to grow.  Product-wise, Google has started to get its act together in terms of monetization.  Integrating data across properties will improve advertising revenues and profits.  New sources of revenue, such as Google Wallet ads and Google Apps are also accretive to Google's traditional advertising income.

 

I'm worried about looming legal issues, the Motorola purchase, inflating tech salaries, and talent exodus.  But clearly not _that_ worried. :)

 

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fyi, you can go see what Google thinks your demographics are:

 

https://www.google.com/settings/ads/onweb/

 

It pegged me at 65+ male.  I guess I read too much financial news.  =/.

 

This is awesome.  Mine's closer at 35-44 (I'm 30) - I guess the time spent on video games has balanced out the financial news.  They nailed me on this category:

 

Food & Drink - Candy & Sweets

 

Guilty as charged.

 

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Guest misterstockwell

fyi, you can go see what Google thinks your demographics are:

 

https://www.google.com/settings/ads/onweb/

 

It pegged me at 65+ male.  I guess I read too much financial news.  =/.

 

Haha evil Google! You won't be tracking me. I have eliminated almost all use of Google services.

 

Ads Preferences. 

Cookies are disabled

Your browser's cookies seem to be disabled. Ads Preferences will not work until you enable cookies in your browser

 

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Haha evil Google! You won't be tracking me. I have eliminated almost all use of Google services.

 

Ads Preferences. 

Cookies are disabled

Your browser's cookies seem to be disabled. Ads Preferences will not work until you enable cookies in your browser

 

Argh - you're messing with my investment!

 

;)

 

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fyi, you can go see what Google thinks your demographics are:

 

https://www.google.com/settings/ads/onweb/

 

It pegged me at 65+ male.  I guess I read too much financial news.  =/.

 

Haha evil Google! You won't be tracking me. I have eliminated almost all use of Google services.

 

Ads Preferences. 

Cookies are disabled

Your browser's cookies seem to be disabled. Ads Preferences will not work until you enable cookies in your browser

You live here?

http://www.theonion.com/video/google-opt-out-feature-lets-users-protect-privacy,14358/

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Guest valueInv

Interesting debate between Jeff Matthews and Henry Blodget on Facebook Vs Google advertising:

 

http://jeffmatthewsisnotmakingthisup.blogspot.com/2012/01/is-facebook-killing-google-no-but.html

 

I wholeheartedly agree that the value of Facebook rests in its treasure chest of demographic data and the ability for advertisers to use that data.  Google's response to this is Google+ and the new terms of service which allow integrating data across its services.

 

It's unlikely that Google will be able to reproduce Facebook's success on the social networking front, but that may not prohibit them from also building up a massive demographic treasure chest.  Google can make many valuable inferences about its users based on their interactions with search, gmail, maps, finance, youtube, etc.  The trick is to get the users to accept this.  Letting Facebook test the waters here will allow Google to jump in right afterwards.

 

I've established a new long position in Google and will round it out to about 25-30% of my portfolio.  The main driver for this is that I think Google is on the cusp of some major new ad growth.  In global terms, Google is well ahead of its competitors and continues to grow.  Product-wise, Google has started to get its act together in terms of monetization.  Integrating data across properties will improve advertising revenues and profits.  New sources of revenue, such as Google Wallet ads and Google Apps are also accretive to Google's traditional advertising income.

 

I'm worried about looming legal issues, the Motorola purchase, inflating tech salaries, and talent exodus.  But clearly not _that_ worried. :)

 

Some of their recent changes have two sides:

http://venturebeat.com/2012/01/28/google-has-chosen-between-advertisers-and-searchers-guess-who-lost

http://www.forbes.com/sites/ericjackson/2012/01/23/googles-big-problem-they-dont-want-you-to-know-about/

 

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Google Is Making a Home Entertainment System, Complete with Streaming Music and Smartphone Remote Control

 

The Wall Street Journal is reporting that Google—usually a software creator—is putting together an entertainment system, for which they've designed both the hardware and the software. It would stream music from Google's online store and send it either to wireless speakers or other networked computer, using smartphones or tablets as a remote control. We don't know much else yet, besides the fact that they're aiming for a release later this year. It's a pretty big step for Google, though, who usually only makes the software for such devices—see Android and Google TV, both of which exist on devices manufactured by other companies. This approach is much more Apple-like than we've seen from Google, so it will be interesting to see how this works for them going forward—with any luck, it'll get rid of that horrible fragmentation problem.

 

http://lifehacker.com/5883876/google-is-making-a-home-entertainment-system-complete-with-streaming-music-and-smartphone-remote-control

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I'm with you on this racemize..from what I understand, these shares are the same, but without voting right..so they are less valuable and they will give plenty of them to their employees. I would not be surprise to see a drop in price on their first day of trading with an increase in the A shares!

 

Nonetheless, Google is a strange creature, but continue to deliver impressive results with the internet which continues to be growing everywhere.

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So sell the C's and buy more A's if voting rights are important to you.  I'd be tempted to go the other direction.  I don't think I've ever exercised my right to vote in a company this large.  If C's sell for less than A's, I can buy the same % of earnings at a lower price.  If a dividend is issued, it would also yield better on the C's.

 

I think the C's have really just been introduced so that Larry, Sergey, and Eric can cash out on half their shares without losing any control.

 

Edit:

From Google:

In addition, Eric, Sergey and I have all agreed to “stapling” arrangements so that, above set thresholds, if our economic interest in Google were to decline, our votes would as well. We also have provisions to ensure all shareholders are treated fairly from an economic perspective.

 

Guess they can't sell as much as I thought :)

 

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yeah, but what does it mean to own a share of a company and have no voting rights?  That seems almost contradictory. 

 

Anyway, regarding selling the C's--that doesn't really work.  If everyone does that, then it arbitrarily drives the price down, so now I'm stuck trying to evaluate two different types of shares because of this decision.  I'm not sure how much of a difference the price will be though, given that the founders have 66% control with the B shares already.  Mostly, just annoyed with it; they could have just issued them to the employees instead of this dividend...

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