Wednesday, May 23, 2012

Time to short Google

I just watched Charlie Rose interview Google CEO Larry Page:
Rose: But in 2012, there have been no acquisitions ... or have there?
Page: No, I think we've done a lot of them. ... It seems like I get one every week.
Rose: One acquisition a week, in terms of buying companies?
Page: We have a weekly meeting where we go thru the acquisitions and usually there is something going on.
Page does not seem to know what his company is doing.

Update: It appears that Google has survived the Oracle Java lawsuit. But I attribute that to the incompetence of Oracle lawyer David Boies. A lot of people are very impressed with him, but it seems to me that he has screwed up several high-profile cases.

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