Tuesday, December 29, 2009, 5:32AM ET - U.S. Markets open in 3 hours and 58 minutes.
Google shares are getting hit early Tuesday after comScore's report on a startlingly big decline in paid click growth. Google's January paid click growth was flat on a year-over-year basis, down 7% from December and down 12% from the fourth quarter. UBS cut its earnings estimate and price target in response.
The comScore data provide further evidence that Google is not recession proof and it looks like somebody got wind of this report as GOOG shares were notably weak Monday in an up tape. This decline probably represents an opportunity for believers in Google's long-term story but the short-term pain isn't likely over yet.
What's that crook Henry Blodgett doing on Yahoo? Who's paying him? Boycott Henty Blodgett!!
who are these handwavers? Pretty sure they are both conductors...
Funny comment from "Yahoo finance user" who is upset with Google's spying on his surfing activities but yet uses Yahoo. May I remind you that Google was the only company that fought the government's attempt to obtain private data on its users, and Yahoo willingly cooperated. Also, Google doesn't do the behavioral targeting (and sharing private data with marketing partners who sell this same data to corporations and data-miners) that Yahoo does with its own partners. Anyone who has concerns about privacy, should avoid Yahoo like the plague, IMO.
Just wait until the big boys start unloading their shares and all the people going short.
This is a good time to enter. Patient investoe will be highly rewarded.
What baffles my mind is that people are still trading shares for the long term. If you are a day trader then these are your days otherwise, get out of this giant sinkhole called "Wall Street" or might as well donate all your money to David Rockefeller today!
Google ain't going nowhere, if you liked it at $700+, suck it up grit your teeth and buy
play a horse its less riskier
Could y'all learn how to be clear. By "growth flat" year over year do you in fact mean it didn't grow? or do you mean the growth rate was the same? I assume the former. You can just as easily say click decline was flat. I think you should say paid clicks were flat year over year, and declined from december if that's what you mean. Also, a little context about efforts to eliminate phantom clicks. Disclosure, no position in goog, but thinking about it.
I am a long term investor and I am in at $412 from over a year ago. I have no problem with this drop and actually I am not finally able to double up my shares. I have no doubt this will be back in the $600's in less than a year and will double in 5 years. This company is a cash generating machine with no debt and huge growth for such a large cap company. And don't get fooled by these click through and search worry warts. Google is much more than that. They hire only the most intelligent engineers who come up with amazing ideas, products, services. Google's ad and search revenues will be a small part of their overall revenue in 3 years. Today's Google is 1985's Microsoft on HGH.
I am a long term investor and I am in at $412 from over a year ago. I have no problem with this drop and actually I am not finally able to double up my shares. I have no doubt this will be back in the $600's in less than a year and will double in 5 years. This company is a cash generating machine with no debt and huge growth for such a large cap company. And don't get fooled by these click through and search worry warts. Google is much more than that. They hire only the most intelligent engineers who come up with amazing ideas, products, services. Google's ad and search revenues will be a small part of their overall revenue in 3 years. Today's Google is 1985's Microsoft on HGH.
that's why they're going into healthcare, cellphones, etc new revenue streams
don't know if I agree with qussaimuth...
I'm a Google publisher and I've noticed an increase in revenue in CPC costs so far in this quarter. December was horrible, but I think things have improved significantly since then. Based on my own results I would say that they should exceed numbers this quarter.
This could hurt...short term. Buying point below $400
No one seems to be considering the source...Comscore. Comscore has a panel in the US of about 800k people that allow Comscore to track their activities on the Web. Their methodology is a bit suspect. It's essentially a poll. We all know about polls. They are not always accurate. So before we all start acting like lemmings...consider the source
No one seems to be considering the source of the report of decreased paid search clicks...Comscore. Comscore has a panel in the US of about 800k people that allow Comscore to track their activities on the Web. Their methodology is a bit suspect. It's essentially a poll. We all know about polls. They are not always accurate. So before we all start acting like lemmings...consider the source
No one seems to be considering the source of the report of decreased paid search clicks...Comscore. Comscore has a panel in the US of about 800k people that allow Comscore to track their activities on the Web. Their methodology is a bit suspect. It's essentially a poll. We all know about polls. They are not always accurate. So before we all start acting like lemmings...consider the source
No one seems to be considering the source of the report of decreased paid search clicks...Comscore. Comscore has a panel in the US of about 800k people that allow Comscore to track their activities on the Web. Their methodology is a bit suspect. It's essentially a poll. We all know about polls. They are not always accurate. So before we all start acting like lemmings...consider the source
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JOHNF - Tuesday February 26, 2008 10:44AM EST
As a past user of Googs Pay Click, I can tell you it is more sizzle than steak. With the exception of a few businesses, the cost of the service is not cost effective. And on another note, when we were purchasing the Pay Click our site suddenly appeared on the first page of search criteria, since we have quit, we no cannot find us on the first 20 pages when searching our criteria. During this time our site hits have tripled yet one cannot find us in a Google search! We have a ghost site (which gets less than 10% of our homepage) which shows up on the first page of Google search. People, these search engine ratings are a lot of crap!