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1.  

   Failure

   

   Stoned4Life, Nov 18th, 2005 @ 8:32pm

   
   

   And again we'll just sit back and watch them fail. No harm no foul, they're just wasting their money.

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2.  

   Re: Failure

   

   Anonymous Coward, Nov 18th, 2005 @ 10:22pm

   
   

   I only hope this doesn't damage legit companies -- such as google. You'd be crazy to say Google is another 'bubble' company -- its balance sheet is as clean as any other company.. cleaner than most.
   
   I also think its $400+ stock price keeps n00bs out of it anyway -- which is how it should be.

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3.  

   Re: Failure

   

   Anonymous Coward, Nov 19th, 2005 @ 5:17am

   
   

   Er, google might have a good balance sheet, but its earnings don't justify that share price. Its all based on this belief that google's growth won't stop for a long long time. Compare profits of google with other companies that it has now passed in market value (after a quick google, google's 3rd quarter profits were : $381m , and for time warner's $897m)

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4.  

   Re: Failure

   

   david, Nov 19th, 2005 @ 12:45pm

   
   

   Well, in my opinion the biggest suggestions for another dot com bubble would be from companies such as www.myspace.com which was purchased earlier this year by Rupert Murdoch's henchmen for a cool 500 million USD. Now what did he get - he got the contact information for 20 million people... um yes thats all he really got. Anyone can set up a friendster-like community and I suspect instead of paying 500 million News Corp should have invested in creating their own community. This was a waste of money.
   
   Then you look at Verisign who purchased Weblogs for a cool 2.3 million USD. Now that is not half a billion but it is still overvalued.
   
   Makes me wonder what my company is worth... http://www.easy-visa-usa.com :)
   
   David

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5.  

   Re: Failure

   

   grumpY!, Nov 19th, 2005 @ 2:08pm

   
   

   GOOG is actually valued lower on a per-share basis for projected earnings against YHOO. current numbers show GOOG at 40x next year's projection per share and YHOO at 50x.
   
   i have no issue with GOOG having a much higher valuation than TimeWarner. one is a growing company and one is arguably a shrinking one. TW has had a dead business in AOL, major legal liabilities, accounting issues, decay in traditional media and huge overhead.
   

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6.  

   Re: Failure

   

   Andrew Strasser, Nov 19th, 2005 @ 6:17pm

   
   

   In a way this could be looked at as a failure, but by opening them up they could be generating capital. This also helps those who sell-short stocks. Companies like this could serve as a backbone for those traders who work on a selling short basis. Frankly though, in the long run this generates profit to keep an area of business that's used in some way alive.

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7.  

   Re: Failure

   

   Micah, Nov 19th, 2005 @ 6:45pm

   
   

   Wow, 500 million for 20million addy's.. that means he paid $25 for each person on myspace..
   Wow.. I could sit on a street corner and buy email addresses off of people for a buck a pop.. Who the hell thought that was a good idea?
   

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8.  

   Re: Failure

   

   beau, Nov 20th, 2005 @ 12:16pm

   
   

   There is much more information than just email addys taken from Myspace profiles. The database of information on American citizens was publicly available, and if ever there was a person/entity that would use this information to assemble intelligence, it is Murdoch's Fox Empire.

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