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  Google founders cashing out
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JTNews  
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 More options Jan 23 2010, 1:29 pm
From: JTNews <jtnews2...@gmail.com>
Date: Sat, 23 Jan 2010 10:29:03 -0800 (PST)
Local: Sat, Jan 23 2010 1:29 pm
Subject: Google founders cashing out
What do you think about the Google founders
planning to sell $5 billion in stock over the next
5 years?

 
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Jack Pan  
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 More options Jan 23 2010, 8:08 pm
From: Jack Pan <jack20...@gmail.com>
Date: Sat, 23 Jan 2010 17:08:40 -0800 (PST)
Local: Sat, Jan 23 2010 8:08 pm
Subject: Re: Google founders cashing out
Something fishy! Are they preparing themselves for ...

time to dump now and wait for it to rebound!

On Jan 23, 1:29 pm, JTNews <jtnews2...@gmail.com> wrote:


 
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joestone  
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 More options Jan 23 2010, 8:44 pm
From: joestone <hongyest...@gmail.com>
Date: Sat, 23 Jan 2010 17:44:57 -0800 (PST)
Local: Sat, Jan 23 2010 8:44 pm
Subject: Re: Google founders cashing out
goog=yhoo?

On Jan 23, 5:08 pm, Jack Pan <jack20...@gmail.com> wrote:


 
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IGotsSharesInNoobishness  
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 More options Jan 23 2010, 9:59 pm
From: IGotsSharesInNoobishness <igotssharesinnoobishn...@googlemail.com>
Date: Sat, 23 Jan 2010 18:59:07 -0800 (PST)
Local: Sat, Jan 23 2010 9:59 pm
Subject: Re: Google founders cashing out
1) Nothing wrong in cashing out slowly like that.  Gates has for a
long time and it has no effect on the MSFT share price now at all.
People expect him to continually sell bits of stock.  In fact its hard
for any MSFT director to cause a surprise by cashing stock.

2)Having said that thanks bunch for the wonderful timing Larry and
Sergei.   There is nothing like kicking your investors when they are
down is there !!!!

IMHO absolue @sshole move.

They easily could have waited a bit instead of doing it on the back of
that 6% drop.

On Jan 24, 1:44 am, joestone <hongyest...@gmail.com> wrote:


 
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gnu / linux  
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 More options Jan 24 2010, 12:08 am
From: "gnu / linux" <rob.fr...@gmail.com>
Date: Sat, 23 Jan 2010 21:08:58 -0800 (PST)
Local: Sun, Jan 24 2010 12:08 am
Subject: Re: Google founders cashing out

On Jan 23, 8:59 pm, IGotsSharesInNoobishness

good move IMO

 
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modelportfolio2003  
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 More options Jan 24 2010, 7:17 am
From: modelportfolio2003 <steve.alt...@gmail.com>
Date: Sun, 24 Jan 2010 04:17:37 -0800 (PST)
Local: Sun, Jan 24 2010 7:17 am
Subject: Re: Google founders cashing out
@IGot

Two Comments:

1.  I note they filed this plan back in November when the shares were
rising, not on Friday evening when it was reported.

2.  This is the second time they filed to sell shares.  First was in
2004 and for same reason:  asset diversification.
Had you decided in 2004 to sell shares when they filed, you would have
missed a big rise in the stock price.

With a combined 47% of the voting shares after completion of the sale
(over a max 5 year period), Larry and Sergey are hardly "cashing out",
as the first post says. They have every reason to continue to favor a
rising share price.  If they combine with Eric's 10% voting shares,
the three retain voting control. The dilution to the existing
shareholders (as these voting shares convert to common shares) is a
total of 10 million shares being sold by Sergey and Larry on a fully
diluted shareholder base of 322 million, or 3% over 5 years or less
than 1% per annum.

If analysts are correct that Google can grow earnings at least 15% per
annum over next 5 years, I do not see a less than 1% annual dilution
to the eps calculation as material and hence hardly newsworthy.

Comments?

On 24 Jan, 02:59, IGotsSharesInNoobishness


 
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Jack Pan  
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 More options Jan 24 2010, 9:22 am
From: Jack Pan <jack20...@gmail.com>
Date: Sun, 24 Jan 2010 06:22:48 -0800 (PST)
Local: Sun, Jan 24 2010 9:22 am
Subject: Re: Google founders cashing out
the question is  Can goog keeps 15% growth rate over the next 5
years?  Goog is facing fierce competition in search, I can only see
its market share shrinking. And the goog phone is a joke comparing to
Iphone. Now they are forced out of China.

On Jan 24, 7:17 am, modelportfolio2003 <steve.alt...@gmail.com> wrote:


 
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modelportfolio2003  
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 More options Jan 24 2010, 2:36 pm
From: modelportfolio2003 <steve.alt...@gmail.com>
Date: Sun, 24 Jan 2010 11:36:35 -0800 (PST)
Local: Sun, Jan 24 2010 2:36 pm
Subject: Re: Google founders cashing out
@JackPan

If I did not know better, I would think you are a Chinese Government
paid hacker.  Are you based in Hainan Island like the rest of them?

seriously though, Google has faced fierce competition in search from
day 1 (ie, 1998) and will continue to face competition.  But search
results benefit from scale and with a 75% global market share,
Microsoft and others face an uphill task, esp with Google's 500 plus
search innovations last year and likely to continue at this pace in
2010 and beyond.

Google phone is a high quality, magnificent device....suggest you read
reviews and forums if you want to combine your lack of knowledge with
some facts.  I am delighted with my purchase of a Nexus One.  If you
are a part of the Google ecosystem---ie, gmail, google docs, gtalk,
gvoice, search, YouTube, GMaps, GBooks, and so much more---this is the
greatest Android device released to date.  Nexus One is
revolutionizing the way mobile phones are sold and when there is truly
competition among networks (esp in US) then their sales model for
Nexus One will become commonplace for others to follow.  Google
disruptive technology and thinking at work!

Google is not being forced out of China.  Read their company blog.  If
they leave China as well as close down Google.cn due to their concerns
about censoring information on this site and Chinese hacking (as
discussed on this site and in the press generally), it would be a loss
for the Chinese people, with whom Google has great respect. I hope
that a compromise can be worked out.

Comments?

On Jan 24, 2:22 pm, Jack Pan <jack20...@gmail.com> wrote:


 
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Jack Pan  
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 More options Jan 24 2010, 4:20 pm
From: Jack Pan <jack20...@gmail.com>
Date: Sun, 24 Jan 2010 13:20:40 -0800 (PST)
Local: Sun, Jan 24 2010 4:20 pm
Subject: Re: Google founders cashing out
Since when talking negatively about google can be accused of Chinese
hacker and spy!
Let's just talk about facts about google.

The biggest pain in the neck for google is how to keep growing at 15%
or faster. Any
sign of slowing down will lead to a big fall of its stock price. Goog
has faced no real
competition until the advent of microsoft's Bing recently. And several
key former employees left Google to start
their own search business. Everyone has to agree there will not be
much room to grow in search market.
That probably is the reason google enters smart-phone business to keep
growing.  But having Apple and Research in Motion as its
major competitors will not be a easy task for google to grow in this
new industry quickly enough. Anyone who owns or can
afford a iphone would switch or buy a goog phone? Google's performance
in China has never been good. Frustrated google decided
to take risk in threading to leave China. This is a childish act, and
google just overly estimated its power. Did we have any news about
Chinese government willing to negotiate with Google? Nothing so far.
So will google stay in China and keep censoring? I bet! But no matter
what, the Chinese Market to Google will be shrinking, that is for
sure.

That is my 2 cents.

On Jan 24, 2:36 pm, modelportfolio2003 <steve.alt...@gmail.com> wrote:


 
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IGotsSharesInNoobishness  
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 More options Jan 24 2010, 9:12 pm
From: IGotsSharesInNoobishness <igotssharesinnoobishn...@googlemail.com>
Date: Sun, 24 Jan 2010 18:12:54 -0800 (PST)
Local: Sun, Jan 24 2010 9:12 pm
Subject: Re: Google founders cashing out
"Since when talking negatively about google can be accused of Chinese
hacker and spy!"

lol modelportfolio really caught his fish with that bait.

And yes, I did realise after I had posted that the move was already
flagged.  Sorry about that.   It's the scummy media we have to thank
for raking this.   I am actually a more of a MSFT investor but really
had GOOG down as over punished over China and the Nexus.   As a trader
rather than an investor it looked a good bet.

It wasn't ...yet.

I still think the market is mad.   Those were good results.   The
timing stinks mostly, not the company and definitely not the
results.   And that really is coming from a serial Microsoft fancier,
so in a way is a big compliment.   Lets hope we get a bounce back so I
can exit my funds possibly with a small profit and you guys can get on
with your investment religion and I can get on with mine.

Sucks that I got drawn there as a trader.   I really don't want to go
long on Google as an investor, but will have to if the SP traps me
in.  Still.   There are worse places to be trapped, as I said.   A lot
of this rivalry is faux.   There are good companies and bad and i am
happy to call Google good insofar as the things they do.   :)

btw. If you want a reason why Google and MSFT are not really as big
competitors as people make out?   ...Compare the customer service
models.   MSFT and AAPL not BETTER than GOOG, just different
approaches.   Not actually on same exact turf because of it.

On 24 Jan, 21:20, Jack Pan <jack20...@gmail.com> wrote:


 
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modelportfolio2003  
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 More options Jan 25 2010, 9:28 am
From: modelportfolio2003 <steve.alt...@gmail.com>
Date: Mon, 25 Jan 2010 06:28:09 -0800 (PST)
Local: Mon, Jan 25 2010 9:28 am
Subject: Re: Google founders cashing out
@Jack Pan

Not much room to grow in the search market?  Suggest you check out
this link to improve your fact base:

http://www.eweek.com/c/a/Search-Engines/Google-Sees-Mobile-as-Key-to-...

I would say that a 58 percent increase in search query volume at
Google over the past year, according to figures released Jan. 22 by
researcher comScore is outstanding growth. Google hopes to grow its
search and ad dominance by focusing on a
convergence of mobile search, advertising and applications, including
location-based technologies with a heavy dose of social networking.
Google management sounded upbeat about prospects on last week's CC.

Comments?

On Jan 24, 9:20 pm, Jack Pan <jack20...@gmail.com> wrote:


 
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laughingboy48  
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 More options Jan 25 2010, 10:01 am
From: laughingboy48 <laughingbo...@inbox.com>
Date: Mon, 25 Jan 2010 07:01:32 -0800 (PST)
Local: Mon, Jan 25 2010 10:01 am
Subject: Re: Google founders cashing out
Doesn't this dumping mean that they're worried about losing their
money due in case Google revenue starts seriously shrinking.  China
may have put a serious kink in their revenue plans and Google's share
price might drop back to the $400 range.  Wouldn't it be wiser for
investors to start dumping shares now?  The founders could pull out
their money overnight if they wanted to and leave other investors
holding a half-empty bag.  I'm not sure if it's fishy, but just
something to think about.

On Jan 23, 1:29 pm, JTNews <jtnews2...@gmail.com> wrote:


 
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IGotsSharesInNoobishness  
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 More options Jan 25 2010, 10:24 am
From: IGotsSharesInNoobishness <igotssharesinnoobishn...@googlemail.com>
Date: Mon, 25 Jan 2010 07:24:24 -0800 (PST)
Local: Mon, Jan 25 2010 10:24 am
Subject: Re: Google founders cashing out
If it was flagged that Sergei and Larry were selling (and I don't
doubt you modelportfolio) the market sure doesn't think so, or care
and that is what counts.   GOOG is dying a death on what should be a
rebound day thanks to their atrocious timing.

MSFT, AAPL up 2% GOOG down 2%

Something is not liked, that is specific to GOOG not just a part of
macroeconomics like Obama attacking banks.

On 25 Jan, 15:01, laughingboy48 <laughingbo...@inbox.com> wrote:


 
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Patrick  
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 More options Jan 25 2010, 11:47 am
From: Patrick <patrick.ke...@gmail.com>
Date: Mon, 25 Jan 2010 08:47:36 -0800 (PST)
Local: Mon, Jan 25 2010 11:47 am
Subject: Re: Google founders cashing out
These shares only represent half of a low-day's volume, spread out
over the course of a year.  It doesn't have any impact on anything.

As for long-term opportunities, I would like to see them monetizing
more of their services directly rather than through advertising to
diversify cashflow.  Their P/E is only 22 now after you deduct cash.

That said, this doesn't look like a good week to be a buyer, unless
you want to be sure you catch the 10% bump from current prices that is
inevitable.

On Jan 25, 7:24 am, IGotsSharesInNoobishness


 
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modelportfolio2003  
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 More options Jan 25 2010, 2:19 pm
From: modelportfolio2003 <steve.alt...@gmail.com>
Date: Mon, 25 Jan 2010 11:19:20 -0800 (PST)
Local: Mon, Jan 25 2010 2:19 pm
Subject: Re: Google founders cashing out
@Igots and patrick

As you appreciate I am an investor so hard to explain short term
volatility.  I do not believe anyone can explain it.  Too many
variable factors and rumors and often not based on fundamental value.
Over time however, I believe Google management will grow this business
at least 15% CAGR for some years by monetizing both the PC desktop
text search via innovation/improvements and monetize the considerable
opportunities in display advertizing, mobile, apps and YouTube.

Patrick,the announced founder share sale is over a period of 5 years
and with a voting stake of 48% remaining in the voting shares, Sergey
and Larry have every interest to maximize growth at Google and take
advantage of opportunities to advance the share price. I do not know
what you mean about monetizing services directly rather than through
advertizing?  Do you mean like the direct sale of the Nexus One,
realizing $529 in revenue per unit (before costs)? Google is a media
company that eschews content in a traditional sense and makes money
through adveretisment on its sites. I believe that Google benefits
mostly when its users search its sites (many of these where ads
appear) and click on ads and it is likely this will be the principal
way for them to monetize for many more years.  I am certainly
interested in knowing more about your thinking on direct sales?

Comments?

On Jan 25, 3:24 pm, IGotsSharesInNoobishness


 
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End of messages  

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