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Thursday, February 02, 2006

Google down? No way

Google missed its earnings forecast, but does it mean they are out? Going the way of other companies that suddenly lose track and never come back again, or only after long struggles?

No way.

Sure, they missed, but growth was nevertheless impressive.

Moreover, Google can shrug it off, because, remember, they said from the onset of their IPO, that they are not in the game of giving detailed forecasts or projections. This was, well, seen as too evil at that time.

So Google is not out - but remember, one day, they might be. Growth is not endless, only if you can constantly reinvent your business model - something Google is pretty good at.

(By Asia Business Consulting)