GOOG blasting off:

Discussion in 'Stocks' started by capmac, Sep 7, 2005.

  1. capmac


    GOOG Google - - Relative Strength (290.00 +2.89) -Technical-

    The stock is soaring off its session lows on a huge pick up in volume to edge above its recent highs at 290.00. Next area of potential resistance lies at its 50-day simple moving average at 292.08.
  2. sabunabu


    Bring Yahoo with it!!

    When is YHOO going to announce their VOIP capabilities? I thought it would be released with all of GOOG's latest announcements.
  3. they got a public offering coming out soon. this is just blind agents pumping up the price for them
  4. Check this out about Yahoo.

    Group: Yahoo Helped China Jail Journalist

    Tuesday September 6, 11:27 pm ET

    By Alexa Olesen, Associated Press Writer

    Group Says Yahoo Helped China Jail Journalist Who Had Penned E-Mail About Press Restrictions

    BEIJING (AP) -- A French media watchdog said Tuesday that information provided by Internet powerhouse Yahoo Inc. helped Chinese authorities convict and jail a journalist who had written an e-mail about press restrictions.
    The criticism from Reporters Without Borders marks the latest instance in which a prominent high-tech company has faced accusations of cooperating with Chinese authorities to gain favor in a country that's expected to become an Internet gold mine.

    Sunnyvale, Calif.-based Yahoo and two of its biggest rivals, Google Inc. and Microsoft Corp.'s MSN, previously have come under attack for censoring online news sites and Web logs, or blogs, that include content that China's communist government wants to suppress.

    Reporters Without Borders ridiculed Yahoo, saying it was becoming even cozier with the Chinese government by allowing itself to become a police informant in a case that led to the recent conviction of Chinese journalist Shi Tao.

    "Does the fact that this corporation operates under Chinese law free it from all ethical considerations?" Reporters Without Borders said in a statement. "How far will it go to please Beijing?"

    Pauline Wong, head of marketing for the Hong Kong office, said Wednesday that the company had no comment on the statement.

    "We're still looking at it," Wong said.

    Reporters Without Borders said court papers showed that Yahoo Holdings (Hong Kong) Ltd. gave Chinese investigators information that helped them trace a personal Yahoo e-mail allegedly containing state secrets to Tao's computer. Yahoo Holdings (Hong Kong) Ltd. is part of Yahoo's global network.

    Shi, a former journalist for the financial publication Contemporary Business News, was sentenced in April to 10 years in prison for illegally providing state secrets to foreigners. Reporters Without Borders described Shi as a "good journalist who has paid dearly for trying to get the news out."

    His conviction stemmed from an e-mail he sent containing his notes on a government circular that spelled out restrictions on the media.

    "This probably would not have been possible without the cooperation of Yahoo," said Lucie Morillon, a Washington, D.C.-based spokeswoman for Reporters Without Borders.

    Shi's arrest in November at his home in the northwestern province of Shanxi prompted appeals for his release by activists, including the international writers group PEN.

    A number of Chinese journalists have faced similar charges of violating vague security laws as communist leaders struggle to maintain control of information in the burgeoning Internet era.

    Yahoo and its major rivals have been expanding their presence in China in hopes of reaching more of the country's population as the Internet becomes more ingrained in their daily lives.

    Just last month, Yahoo paid $1 billion for a 40 percent stake in China's biggest online commerce firm,

    Meanwhile, Google and Microsoft are locked in a bitter legal battle over a former Microsoft engineer who Google hired in July to oversee the opening of a research center in China.
  5. I like the way GOOG is acting after such a lull.. I just yesterday purchased the Sept 310 Calls @.50 cents.....I just have a good feeling about Goog and also in SIRI which is about to break past $7.00 IMO....I also purchased (20) OCT 7 Calls @ .30 Cents on 8/26 when the stock was at $ 6.67.....I feel they are about to make a move up..
  6. Aaron


    Are you familiar with the phrase "jumping the shark"? (It's a reference to the comedy series Happy Days going downhill when Fonzie jumped a shark on waterskis.)

    Hiring a "Chief Internet Evangelist" to work on an Interplanetary Network, "a project which aims to extend the Internet into outer space for planet-to-planet communications" ( ) is Google's version of jumping the shark.

    Aaron Schindler
    Schindler Trading
  7. En Fuego! How'd you do that?
  8. Babak


    Come on Aaron! Don't truncate it to give a false impression:

    "He will also continue his efforts on other projects, including ICANN and the Interplanetary Network, a project of NASA's Jet Propulsion Lab, which aims to extend the Internet into outer space for planet-to-planet communications."

    Remember this? We have already achieved planet-to-planet communications.
  9. moonpi


    I thought it was when they announced their international search and planned cook-off competition to find a new head chef.
  10. LOL.
    Seriously though, Vint Cerf is a guy that has more money than he can ever spend. He does not need the google job. However, he was never a guy to languish in a university at worker-bee wages. Cerf is not only a good researcher but he is a smart businessman. I think he probably got a very good financial package from his friends and colleages at Google ...but he would not have taken the gig unless he though it would be fun and challenging.

    My issue is the title he received. I think it would be much wiser to have made him a senior researcher/director and EVP. Such a title would have implied that he was better integrated into the company.

    Google is at least doing things that allow it to succeed in new areas - like hiring top talent. Now they just need to innovate and execute: this is the tougher part of the assignment .....
    #10     Sep 9, 2005