Bronte Media

GOOG

April 17th, 2008

UPDATE (4:57pm EST): Thank you everybody. I’ll be here all week. Too bad my +17% pop on my $0 investment is still $0.

Readers know where I stand on GOOG. Here’s what AlleyInsider thinks.

Particularly: “The current consensus assumes a slowdown in US revenue from 40% in Q4 to about 25% in Q1. We therefore think a meaningful deceleration is already in the consensus and stock.”

I am going to say that US will be 30%+ and that International even more than that.

Google will be affected by the downturn. They will be affected more quickly than other offline media. But there is too much skepticism from the comScore noise.

If I had money, I would go long GOOG and short every other online ad company. That assumes, of course, that I have money. Which sadly I don’t.

2 Responses to 'GOOG'

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  1. Richard Ball said, on April 17th, 2008 at 9:11 pm

    Nice call, nonetheless. ;-)

  2. GOOG Earnings Redux | Bronte Media said, on April 18th, 2008 at 9:29 am

    […] that sound you hear in the background is one hand patting my back, it is interesting to note a few things: Namely, the more you dig down into Google’s results […]

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