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WOW. Google is fundamentally changing the business model of many companies. This is a great example. To Google this is all data, and their goal is "to organi
by goodkarma 17y ago
WOW.
Google is fundamentally changing the business model of many companies. This is a great example. To Google this is all data, and their goal is "to organize the world's information and make it universally accessible and useful."
So these companies should ask themselves: what are they offering? A service, or data?
That said, the stock market has overreacted. Nothing Google has done has affected the earnings of any of these companies. Yet. You all have a decent chance of pocketing a 20% gain if you buy now, because that fear got priced into the stock today.