This is a blog with commentary on News, Business, Politics, Entertainment, and SouthEastern (SEC) sports. Sometimes the posts will be prolific, other times not so frequent.
Tuesday, January 31, 2006
Google Wierdness on Wall Street
You are probably hearing how google got wallopped in the stock market after hours on Tuesday. Now, I'm not a fan of Google if you are a regular reader, you know how I feel about their increasing, shall we say, hegemony, but their earnings were up 82% from the previous year in the same quarter. That is absolutely balls to the wall, incredbile. Now, Wall Street is rewarding them with a huge shellacking. I'm involved with several small businesses. If any of my businesses had earning up 82% over the previous year, same quarter, I'd be high fiving the entire office, and probably dishing out bonuses to boot, along with buying a keg of beer on a Friday afternoon, if not 2 kegs. Wall Street is just a strange, strange world of pushing the envelope of 'figgers, and never being satisfied with tangible results that are "below" expectations of some numbers crunching MBA-grad 20 something pencil pusher.
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