Google stock has slumped almost 25% in the past couple of months as Wall Street “worries” about earnings and the future. A typical piece. Maybe Google is over valued as Barrons says. Yet the key metric is that Nielsen reports that between December 2004 and 2005 the number of searches went up from 3.4 billion to 5.1 billion per month. Google's share moved up 7 points to 49% of the total.

Google is the search pacesetter. It is also the global tech leader. It's activities, ideas, innovations, introductions, are closely watched by everyone. We know search's value is increasingly exponentially. Phones, message boards, audio, video, podcasts; as this information age explodes in front of us, who is searching less? 

So Google absolutely; plus Yahoo, MSN and the other search companies are valuable, and  increasingly so. Search is powering every tech advance today. Google will continue to surprise Wall Street. This is the first time a company is able to lead, dominate and create a totally new area of business (monetizing information) as it leads dominates and creates the very idea (finding information) that is the business.

And it's all happening simultaneously. Remarkable.

This entry was posted on February 17, 2006 at 2:28 am. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Posted in Main Page by Richard McKinnon No Comments Yet