It will be interesting to see how much they take out of Apple today.

I agree, in fact after being bearish on AAPL just prior to their last earnings report I see them as a good buy below $115. For that matter BIDU may get down to $200 again sometime soon and I really like it at that price.


Jimbo

wow.. google is KILLIN me..was all the way down to 447..its at about 451-452 now but jesus, this is ridiculous.

1 positive is I did see that some companies are now saying this is a buying opportunity for google, so hopefully there will be some big gains..its down like 80 dollars in the last week.

Considering that UBS is one of the top three Market Makers for Google, how could anyone take this statement, or any statement from a UBS analyst, seriously?

This is an unreasonably paranoid line of thinking - sell-side equity analysts aren't going to put their neck on the line to prop up their trading desk who may or may not have a net-long position.

Incompetence is, of course, prevalent in that business.

Yeah wtf...this is not a consideration...on the other hand, if UBS had been passed up on the GOOG IPO or SEO then you might have a point.

Keep waiting. Chart is disgusting right now, but we can get a bounce. For long-term investors, wait for confirmation. Resistance all the way from 465-485, with 485 being the strongest point. To be honest, I would wait until broader economic conditions improve before buying any stocks, but ceteris paribus, GOOG will have nice support underneath itself if it breaks out of 485. Otherwise, short term investors will have opportunity to trade this volatility, but long-term investors should stay out IMO.

458... seems like a great time to buy?

What does this change:?

Google-DoubleClick approval expected in Europe

Bumping an old thread. Sold all my GOOG today, I have a feeling the diversity thingy is gonna blow up. Your thoughts on how this will influence the stock?

Google's culture has been on a downtrend for a long time and they've always mismanaged everything except their recommendation algorithms. I can't remember the last time I heard a positive personal anecdote about working at Google (including experiences from the X team).

I'm also more likely to think negatively of someone who has worked at Google than most other companies (with some very notable exceptions). That said, their algorithm focused teams still do seem to be as effective as they always have which is what they have ALWAYS run on.

There's a modest downtrend in the value of traditional search but that's tempered by the power of Youtube continuing to lead the breakout in terms of advertiser value with video. I've seen very little to threaten that dominance, FB is at the very beginning of their journey to attempt this and they have multiple structural challenges to overcome. Twitch is certainly relevant but there's no clear threat (and may even be a positive for Youtube live). Youtube's engagement level is unique and their monetization platform I would call a persistent advantage.

Algorithmic recommendations still have a lot of value to be extracted and Google is the best at it. If they've managed to keep the libertarian minded elite dev up until this point I think it's very hard to quantify the systemic risk of a talent flight. In my experience most of the large tech companies have this culture to at least a degree and the hardcore tech teams tend to be left alone already (for example from what I hear the Zappos holacracy shenanigans never seriously impacted the dev team).

In terms of the egregious mismanagement, again it's very hard to quantify and especially at what scale it occurs. In my opinion it's never hit the foundation of why Google is where it is so is it really mismanagement or just noise around the non-critical areas of the business?

I've maintained a never bet against Google policy for almost 10 years and I've yet to see a compelling reason to change that position. They aren't the most compelling case of that in tech but the structural advantages they maintain + their consistency with the core business keeps them near the top.

Google is not a search company its an AI company. With deep learning algorithms those with the most data win. I would not bet against them. Look at google maps, google earth, youtube, the whole internet is archived and organized in google's vast database. No other company comes close to their level of data and organization imo.

How would one tone death engineer blow up the company?

Quoting for snarky obtuseness (and spelling).

Huge backlash among conservative consumers, I can see some search traffic moving to duckduckgo because of this.

And a lot of employees at Alphabet seems to agree with the manifesto:

I assume some of these Engineers might not be happy about the backlash, I would assume some might even quit if they feel that upper management thinks that they should be fired for expressing their views. I would say that Sundar's letter was really bad for making those people who agree with the manifesto feel comfortable.

There might be some legal drama, firing someone for their trying to improve the workplace or his political views.