31 October 2004

Did people learn nothing?

Posted by Ryan Sarver under: Business .

Google stock is currently flirting around $200 a share (chart). While Yahoo!, which has a stronger business model, instead of a hodge-podge of research projects, is trading at $36 a share (chart).

Don’t get me wrong, I think Google is a great company, but they are working hard to get to where Yahoo! is… building properties around different technologies. This is even more evident with the recent purchase of keyhole.

Eventually the bubble will burst, and you will have a lot of unhappy google-ites. In the end, I would feel safer as a Yahoo! employee.

One Comment so far...

Gene Says:

5 November 2004 at 9:26 am.

Tell that to Wall St - it’s gone crazy lately… Not even budget deficits can open up people’s eyes to the fact that our country’s financial system foundations are unsustainable. :(

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