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Re: Can Google's Q4 Results Bring Sanity to Web 2.0?
by
Sean
While Blodget has some good points regarding Google's valuation (of which the value investor in me agrees), isn't he essentially doing what he did with Amazon (if you ignore the behind the scenes trash talking). As you've noted previously, Mark, one of his principle objectives is to regain his credibility within the investment community and public at large. By going so vehemently against the grain, if Google's shares sink won't everyone be writing about how he was among the first to make the call? Mmm...wouldn't be a bad piece of PR.
Again, while I tend to agree with him about Google's soaring valuation, you have to wonder where his motivations lie. Out of interest, what other companies is he following? If he's a technology expert, why does it seem that Google his one-trick-pony?
Side note: a quick scan of his blog shows little of real insight (to me at least), other than he is in favour of telco's toll demands and supports Google censorship on Chinese search results (but has little to say about the company's reluctance to provide the US government with search results to support the resurrection of the 1998 Child Online Protection Act).
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