Hanging On Every Word From Google Folks
from the calm-down-people dept
It's been widely discussed how every time Alan Greenspan speaks, people pick through everything he says, and tries to interpret every single word choice as an indicator of what he really means. It seems that Google CEO Eric Schmidt is getting the same treatment. When asked about the planned IPO, Schmidt was quoted as saying "an IPO is not on my agenda right now," and suddenly the analysis begins. It's been interpreted to mean that Google has decided to put off their (never actually announced) IPO to wait to see if the market gets better. Then you get Wall Street people arguing over whether or not this is a good decision or a bad decision. It's fairly amazing that everyone's making all these decisions for the company when the company hasn't announced their plans at all - other than to say (repeatedly) that they wouldn't be rushed into an IPO unless it was the right move. They've never changed their stance, but the public perception has gone on a roller coaster ride.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
astrology
[ link to this | view in thread ]