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(Continued) The Rank for $ales Weekly Newsletter, Mar. 25, 2006. Page 18
Google makes it to the S&P 500 Well it was just a question of time, really. Yesterday Google's stock made it in the S&P 500 index. For those that don't know, the Standard & Poor's 500 is mainly constituted of America's largest (in terms of capital) companies, and closely tracks the Dow Jones Industrial Average. Not surprisingly, Google's stock (Nasdaq symbol GOOG) was up over 7 percent at the opening bell Friday, trading at around $362 to $368 in the first two hours of trading. Not all public companies make it to the S&P 500. Besides being limited to just 500 companies, there are strict rules and guidelines set forth by the SEC (the U.S. Securities and Exchange Commission). The fact that Google made it in the index is viewed as a good thing by Wall Street. This in fact holds true of any company, not just Google. The S&P 500 is generally viewed as a liquid index and is a major starting point for exchange-traded futures and options, both on the S&P itself and in the underlying stock options. Why am I boring you with all this? No reason in particular. Long-time readers to this newsletter know very well that I never give investment advice or even hint to the fact on ANY company-- Google or otherwise. I simply view this as a new milestone that Google successfully achieved. Do I admire the company? Yes. Do I think they are successful? I think so. What will really be intesresting for the balance of this year and next is, how fast can the company continue to push out new (and free) services? How good will those new services be in terms of quality? What about privacy issues? There is a lot going for Google and I'm really happy for them. As an outside observer I can only hope they won't be "distracted" by outside influences... What do I mean by this? Just the very fact that Google IS a public corporation, accountable to its many shareholders. Plus now they also have a lot more investment bankers to satisfy and large portfolio managers and mutual fund managers, etc. As any public company, they need to continue to grow their sales and their earnings. At $366 a share and some change, GOOG certainly isn't cheap. Even though Google's stock has fallen since it was trading close to $485 in January, with a Price/Earnings ratio of 73, Google is still "priced to perfection". That means there is very little room for disappointments. DISCLAIMER: Well, thats it for this week. Have a pleasant and relaxing weekend. I will see you all next Saturday! Serge Thibodeau, Please note that I am available for SEO consultative work or to help you optimize your website for the major search engines. Feel free to contact me for an honest and fair assessment. All logos, trade marks and service marks on this newsletter are the exclusive property of their respective owners. Note: Although I always try my best to answer each individual question that I receive, there are times when it's just impossible for me to answer every one I get, as the amount of emails sent to me keeps increasing all the time. Also, please note that, for confidentiality reasons, the names of people writing to us are never disclosed. Please send all your questions, comments or general enquiries to: questions@rankforsales.com Subscribe to the free Rank for Sales Weekly Newsletter <<< Previous page Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Bookmark the RFS Newsletter by simply clicking here. Search engine industry news corner: About Rank for $ales Rank for $ales can be reached via email at info@rankforsales.com or you can call from anywhere in the US or Canada, via our toll free number at 1-800-631-3221. Our offices are located near Montreal, Quebec, Canada. Visit our web site at www.rankforsales.com About Serge Thibodeau Pagina+™ is offered by Rank for $ale's parent company: GCIS Inc. Besides serving as editor and CEO of Rank for $ales, Serge Thibodeau currently writes professional search engine optimization articles in some of the following publications:
SEO Today (www.seotoday.com) Additionally, Serge Thibodeau has successfully developed and deployed Global Business Listing, a powerful and flexible 'paid inclusion' search engine that will further increase any company's rankings and visibility in the major search engines. On the Web, at: www.globalbusinesslisting.com Bookmark the Rank for $ales newsletter by simply clicking here. Legal Notice This newsletter is sponsored by Rank for Sales, a professional SEO firm in business since 1997. We suggest you bookmark our newsletter and place it in the list of your favorite websites by clicking here. Feel free to contact us if you need to have your website optimized by a professional SEO firm, or if you have any question on the subject of search engines. |