Comments on: Bad Idea http://battellemedia.com/archives/2004/05/bad_idea.php?utm_source=rss&utm_medium=rss&utm_campaign=bad_idea Thoughts on the intersection of search, media, technology, and more. Wed, 19 Jun 2013 11:42:00 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: John Battelle http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24166 John Battelle Wed, 05 May 2004 15:02:23 +0000 http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24166 <p>This is what I get for being brief! What I meant by "bad idea" (besides the link rot) was when Bambi suggests Google buy an old media company like Disney. </p> This is what I get for being brief! What I meant by “bad idea” (besides the link rot) was when Bambi suggests Google buy an old media company like Disney.

]]> By: Tim Converse http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24165 Tim Converse Wed, 05 May 2004 07:21:09 +0000 http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24165 <p>I clicked the link, and here's what I assumed John meant was a bad idea on the part of CBS MarketWatch, at least until I read the comments above:</p> <p>[CBS MarketWatch]<br /> Not a Member Yet?</p> <p>Sign up now to enjoy this free Archived Article and all the other<br /> exciting benefits of Membership:<br /> [etc.] <br /> </p> I clicked the link, and here’s what I assumed John meant was a bad idea on the part of CBS MarketWatch, at least until I read the comments above:

[CBS MarketWatch]
Not a Member Yet?

Sign up now to enjoy this free Archived Article and all the other
exciting benefits of Membership:
[etc.]

]]> By: Ole Eichhorn http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24164 Ole Eichhorn Wed, 05 May 2004 05:14:36 +0000 http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24164 <p>I'm not clear on what you think is a bad idea. Buying shares in Google at a $35B market cap? Or Bambi writing a commentary that the company could be over-valued?</p> <p>I happen to think a lot of people will buy shares because they can; the auction scheme is really a great way to conduct IPOs. But in the long run Google will be a great service, but only a so-so stock. And I wouldn't be surprised if the stock declines from the IPO price once investors who bought on excitement realize it isn't going to make them instant millions. </p> I’m not clear on what you think is a bad idea. Buying shares in Google at a $35B market cap? Or Bambi writing a commentary that the company could be over-valued?

I happen to think a lot of people will buy shares because they can; the auction scheme is really a great way to conduct IPOs. But in the long run Google will be a great service, but only a so-so stock. And I wouldn’t be surprised if the stock declines from the IPO price once investors who bought on excitement realize it isn’t going to make them instant millions.

]]> By: pb http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24163 pb Tue, 04 May 2004 20:26:29 +0000 http://battellemedia.com/archives/2004/05/bad_idea.php#comment-24163 <p>Even discouting the extraordinary risk, $35b is not ridiculous. Barrons thinks it could be much higher.</p> Even discouting the extraordinary risk, $35b is not ridiculous. Barrons thinks it could be much higher.

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