Quote:
Originally Posted by competentone
....-- I think you'll eventually reach the same conclusion I've drawn: There is some type of "culture of deception" within Google (perhaps, "self-deception" at its core) -- personally, I expect there to be some type of Enron-like collapse with the stock/company in the not to distant future.
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Interesting perspective. I'm not one to follow or listen to the conference calls (I know, I know
), but I have no doubt that almost every major corp. manipulates the numbers to some extent in order to meet "whatever" the management team desires. Do you really think Google is facing an eminent collapse? Granted, it's grossly overpriced now, but I don't see an "Enron" in the making. I was "lucky", and have known about Google since the very beginning (in 1999 - a music festival acquantance/friend was one of the very first employees), so I rode that rocket from the IPO until it's PE ratio exceeded what I'm comfortable with.