Welcome to 5% of our nightmare, Google |
Despite Carl Icahn’s deal squashing attempts, it’s now official: Google owns 5% of AOL. The best deal in this situation goes to AOL, whereas Microsoft seems to have gotten the shortest straw. Depending on how much Google had to give up, this could be poison in the barrel for them at least on the ad front as it seems like a lofty concession to allow ad policy changes.
Despite my reservations about this AOL deal, yesterday, I bought more GOOGle stock, which makes the tenth consecutive month I’ve invested in Google. Also bought more Apple (APPL) and Yahoo (YHOO). Could this be the turning point for GOOGle stock? I’m not sure, but this is admittedly the first month of the ten, that I’m skeptical of further growth. The brakes might go on next month if there is significant flucuation downward.
How do you feel about this AOL/Google deal? Good for Google? Bad? Cautiously optimistic? The latter is where I’m at.
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[…] Here’s some good news for fellow shareholders and users worried about that 5% skeletal handshake with AOL Google just closed: Marissa Mayer posted late yesterday the following assurance to the possibility of ad corruption: There will be no banner ads on the Google homepage or web search results pages. There will not be crazy, flashy, graphical doodads flying and popping up all over the Google site. Ever. […]
Pingback by Make You Go Hmm: » “No crazy, flashy, graphical doodads … ever,” says Google — December 23, 2005 @ 12:28 pm PST