Comments on: Why did investors freak out about Google?

Three culprits conspired to hurt Google's stock: interest income, caution about the economy, and Google's overshooting the mark on screening out low-quality ads.

[Info_Max]

Google sales & shares went down because of Anoox that is revolutionizing the search engine business because of these reasons:
1- Anoox search results are powered by the people, that is YOU and ME, so they are democratically created based on wisdom of crowds which is only way to get best results
2- Anoox cost of Advertising is much lower because it is operated on a not-profit-motivated basis like Craigslist. OTN, our small business has saved like $10,000 over the last year since we switched our Advertising to Anoox. Now that is savings that is great for our business, but I am sure not great for Google's $100Bill valuation.

Silicon valley supposedly likes "Disruptive technologies", well few get more disruptive than Anoox.

[Info_Max]

Google sales & shares went down because of Anoox that is revolutionizing the search engine business because of these reasons:
1- Anoox search results are powered by the people, that is YOU and ME, so they are democratically created based on wisdom of crowds which is only way to get best results
2- Anoox cost of Advertising is much lower because it is operated on a not-profit-motivated basis like Craigslist. OTN, our small business has saved like $10,000 over the last year since we switched our Advertising to Anoox. Now that is savings that is great for our business, but I am sure not great for Google's $100Bill valuation.

Silicon valley supposedly likes "Disruptive technologies", well few get more disruptive than Anoox.

[coyote_ptm]

Posting ads on cnet is free - as you can tell from the previous two posts...

[AhoyWillem]

Hmmm - not-profit-motivated basis is right. Do a search on Anoox (what a stupid name to begin with) on something as basic and high profile as, say, Paul McCartney, and you get paid listings for chocolate chip cheesecake and credit cards.

Then the "people-powered" results start with paulmccartneytickets.com. followed by a string of Paul McCartney impersonators. Not one listing for the obvious first result - PaulMcCartney.com, or even mpl, his company or anything related to the Beatles.

Methinks Sir Paul could have a copyright infringement field day on unlicensed use of his name with these sites.

But what a pathetic bit of spamming.

As for Google, blame skittish, uninformed investors who always act like lemmings and do ignorant damage to company valuations. How many other companies do you know that can boast a 35% growth rate in NET income during these economic conditions.

It's time for CEO's like Schmidt to start showing some leadership and calling these ignoramuses (including tech and Wall St. media) on the carpet about uninformed and misinformed presumptions.

GET THE FACTS! And thanks to Stephen for setting the record straight with his great analysis!

[new_media_works]

I think that alot of people indeed may have sold because of the way that the earnings call was handled (quite poorly -- questions were avoided and there was even some "waffling").

See my post about this: Eric, economic weakness: are you seeing things deteriorate a little bit further?