Golden child Google missed analysts unrealistic expectations of what the search engine is capable of in quarterly results yesterday. This is the second time the company has failed since its 2004 IPO. Investors unconsensually punished the stock in after hours trading, with shares falling up to 8.3% ($45.29), to $503.40, to say nothing of the cutting and “You sicken me” chanting by Larry and Serge in front of the bathroom mirror.
Google’s work force ballooned 13% and research costs shot up 88%, in an effort to put unauthorized crotch shots of tabby cats on Street Views. Some ideas for cutting back on soaring costs, which investment strategist Carsten Klude maintains are vital to a company like Google’s growth, include taking away the free lunches and not buying any more of the founders’ wife’s companies in an effort to get out of taking out the trash.
Google Drops on Profit Miss, Auction Spending Plan [Bloomberg]






Posted by , Jul 20, 2007 11:23AM
"unconsensually punished"
Posted by SDH , Jul 20, 2007 11:24AM
Hey superpowers can't be super all the time ya know! Just look at our great country and how its so not super right now!
Posted by Ted Clark , Jul 20, 2007 11:44AM
Just an aside.....Google is becoming a pain in my ass. Love Carney and Levin......your ggggooooooooooodddd.