Google stock up

[breakingnews]

It's Google's mission that makes it such a novel company. They're tackling a task that no one has ever experienced, and the reason they're winning is because Google services, for now, are free, and there are no indications the company will start charging the average user. They're making money on the commercial end by boxing the search engine in a plug n play computer (yes, you can own your own Google search server for like $3,000), but revenue is about 95-96% advertising, an industry in which I have little to no faith.

But yes, GOOG is no different than Microsoft, Netscrap, AOL - companies that worked on getting people *to* the Internet. Google is just showing people how to *use* the Internet. It's building the foundation for ways we can *live* the Internet. What we don't know is if Google will be the one to do that in the long run, when the world is a massive interconnected fiber-optic orgy.

Apple did the same thing by commercializing the GUI. Mac OS made it possible to get on a computer and find/do what you want to do with so much more ease, relevance and speed than trying your luck at DOS or gwbasic. Apple also claimed to be an "ideas" company - but they packaged their product and sold it themselves at prices the marketplace would not tolerate.

I, too, vote that Google will either disappear or become just another player in a saturated market with a fraction of its projected market cap at current growth rates. Before the end of the next decade.

[xoxoxoBruce]

Originally Posted by breakingnews

But yes, GOOG is no different than Microsoft, Netscrap, AOL - companies that worked on getting people *to* the Internet. Google is just showing people how to *use* the Internet. It's building the foundation for ways we can *live* the Internet. What we don't know is if Google will be the one to do that in the long run, when the world is a massive interconnected fiber-optic orgy.

I got a PC when I was about 55 and I own about 26 linear ft of bookshelves that have books just for reference material. To be able to find information, I could never remember, without leaving the house. The PC was fun and usefull if I had the address I needed but everytime I used a search engine it would keep trying to take me some place I didn't want to go. It seemed the whole purpose of the engine was to determine what I wanted to BUY. Google didn't show me *how* to use the internet, it gave me the ability to use the internet. Of course the bigger the net gets the more I need it. I might even start divesting some reference books...but not on Ebay.

[tw]

Originally Posted by xoxoxoBruce

Google didn't show me *how* to use the internet, it gave me the ability to use the internet. Of course the bigger the net gets the more I need it.

Back when the Cellar was only a BBS, numerous Cellar Dwellers got invites into Philly to discuss the future of the internet. We all sat in a room with a long conference table. At the end wall was a one way glass. They recorded what we said.

I remember my last summary point. There was so much information out there. The one thing we desperately needed was a tool to find all that information. Now all I had to do is build a search engine. Saw but did not act. Even I did not believe a search engine could be this profitable. I only saw it as something desperately required.

Don't remember who else from the Cellar participated. Also don’t remember who organized the discussion or what happened as a result.