Archive for November, 2007

Are PR people Spam?

November 8, 2007

Just read this piece from  NY Times ( now free of charge yesterday):

The gloves came off last week in the perpetual “hacks vs. flacks” battle after Chris Anderson, the executive editor of Wired magazine, chided “lazy flacks” who deluge him with news releases “because they can’t be bothered to find out who on my staff, if anyone, might actually be interested” in what they’re pitching. “I’ve had it,” Anderson wrote on his blog on Oct. 29. “I get more than 300 e-mails a day and my problem isn’t spam … it’s P.R. people,” 

Exactly the issue, wanton PR is rampant and destroying itself in the interactive age. PR is no longer an afterthought for a company that decides to promote postive things about itself. I get about 150 PR and spam mails daily and they all end up in my filter file. The PR industry has to move from merely spining stories and testamonials to becoming accolades for a cause. Quite honestly any leader of a company that is not articulate in his opinion and can convince employees, shareholders and customers of his value, should not be there. A spin-doctor is a death sentence.

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Is Google positioning itself to buy Microsoft?

November 7, 2007

Heard on the street this morning…. Google is a phenomenon not a media company!

The phenomenon known as Google (NASDAQ: GOOG) is beyond remarkable. It defies almost any MBA course case study. This company was founded less than 10 years ago in 1998. The company went public in August 2004 and has already captured a market capitalization of $225.70 billion and commands a share price of $723.00. The company has delivered earnings and revenue consistency that almost belies logic. It has literally beaten every quarter’s estimates and yet provides little to no guidance. In the next five years, Google will be bigger than Microsoft (NASDAQ: MSFT) in the most important metric: market capitalization.

Microsoft currently has a Market Capitalization of $344 Billion and its price per share has remained steady averaging just $32.05 a share price with 9.4 billion shares outstanding.

Google already dominates the Global search market with both Microsoft and Yahoo just barely keeping hold of their dwindling market share.

But where does Google go from here? With expected earnings per share this year ending December 2007 at over $15 and December 2008 earnings per share over $20 (that’s of course before Google beats the estimates and analysts raise them again), the next stop is $800-925.

Google has an incredible opportunity to race up to a $500 billion market capitalization within the next five years if not sooner, and it will be bigger than Microsoft