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New Stock price isn't the issue.
Stock markets are secondary markets. If Google's stock dropped by 3/4 Tuesday afternoon it would have little effect on the company's operations, though it would affect their ability to raise additional money in the future.

Of course Google's executives and other investors would be in personal pain. Look at Red Hat, which dropped from almost $150 to $3 in well under a year and they're still around ($22 on Friday).

But contrast Google to Red Hat. Red hat started at around $45 and was up to almost $150 in a few months, then started the slide to $3. Google started at about $100 and climbed at a modest rate to around $500 and then stabilized in a range between $450 and $500.

Red Hat was a perfect example of an IPO with plenty of hype but no viable business plan to achieve profitability. They spiked very early and dropped fast - until they got their act together and showed some profitibility.

Google's stock price is a good example of an IPO for a company with a real plan, profitability, and the probability of plenty more profit. Don't expect them to drop too far unless the general economy goes to hell.
[link|http://www.aaxnet.com|AAx]
New Re: Stock price isn't the issue.
Google sells advertising
They have big plans in other areas
without the momentum from being incredibly valuable their plans will
suffer
then they are just ad sellers

A
Play I Some Music w/ Papa Andy
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New microsoft is abc/cbs/nbc
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free american and do not reflect the opinions of any person or company that I have had professional relations with in the past 51 years. meep

reach me at [link|mailto:bill.oxley@cox.net|mailto:bill.oxley@cox.net]
New abc/cbs/nbc
all sell advertising

A
Play I Some Music w/ Papa Andy
Saturday 8 PM - 11 PM ET
All Night Rewind 11 PM - 5 PM
Reggae, African and Caribbean Music
[link|http://westcottradio.org|Tune In]
     Paul Graham: Microsoft is Dead. - (Another Scott) - (14)
         It is not dead yet - (JayMehaffey) - (1)
             Yeah, they are - (pwhysall)
         Clearly he lives in a different world . . . - (Andrew Grygus) - (2)
             No wonder you want to become a cook -NT - (drewk)
             dunno, weuns might go here - (boxley)
         Re: Paul Graham: Microsoft is Dead. - (andread) - (4)
             Stock price isn't the issue. - (Andrew Grygus) - (3)
                 Re: Stock price isn't the issue. - (andread) - (2)
                     microsoft is abc/cbs/nbc -NT - (boxley) - (1)
                         abc/cbs/nbc - (andread)
         The guy is in an insular Web 2.0 bubble - (tonytib) - (2)
             Yup, insular. - (Andrew Grygus) - (1)
                 But Apple is the real Vista upgrade. - (mmoffitt)
         Re: Paul Graham: Microsoft is Dead. - (SpiceWare)

I've never been so insulted in all my week!
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