"Google has entered into a phase where short term profits outweigh long term growth."
Indeed. The question I have is does that mean it goes eventually the way of Microsoft/IBM, or the way of SGI/Computer Associates?
Indeed. The question I have is does that mean it goes eventually the way of Microsoft/IBM, or the way of SGI/Computer Associates?
HP is at about a fifth of it's peak market cap, largely as a result of a similar play.
I'd short Google, but there's an old saying that markets can be irrational far longer than an individual wallet can sustain a short....