[Web4lib] Google vs Bush Administration - Commentary

[eddie at weblts.com]

I think making the connection between Google's decision to resist the 
government's request and it 's stock price may be taking it a bit too 
far at this point.
It's not so much the decision to fight the government that will affect 
it's stock price. It is the amount of money they are willing to spend on 
lawyers that will affect the bottom line. It is too early to tell what 
impact this will have.

There was also a broad market sell-off last week, especially Friday. 
Google was not the only NASDAQ stock to be affected. Options also 
expired last week. Actually, I have been hearing CNBC pundits say that 
this may actually help the stock because Google may be seen in a good 
light by refusing to hand over the records.
Google stock also seems to rebounding nicely today - so far(>5%).

 From what I have heard, most analyst haven't changed their rating on 
Google because of this decision.

Eddie Rozier, MLS
Library Technology Solutions
http://librarytechnologysolutions.com/
eddie at weblts.com

Karen Coyle wrote:

> The most frightening/disappointing news is that Google's resistence 
> has caused their stock value to drop. So it is giving in to government 
> pressure that is best for the bottom line.
>
> kc
>
> Sloan, Bernie wrote:
>
>> For those who might be interested...
>>
>>
>>
>> Los Angeles Times:
>>
>> http://tinyurl.com/a7wtt
>>
>>
>> Baltimore Sun:
>>
>> http://tinyurl.com/aq6fz
>>
>>
>> Lower Hudson Journal News (NY):
>>
>> http://tinyurl.com/b9k3x
>>
>>
>> USA Today:
>>
>> http://tinyurl.com/9lqpq
>>
>>
>> The Columbian (Clark County, WA):
>>
>> http://tinyurl.com/8rf2n
>>
>>
>> Chicago Sun Times:
>>
>> http://tinyurl.com/93bf5
>>
>>
>> Unofficial Google Weblog:
>>
>> http://tinyurl.com/afuvl
>>
>>
>> -----Original Message-----
>>
>> From: Sloan, Bernie
>> Sent: Thursday, January 19, 2006 12:35 PM
>>
>> To: Web4Lib
>>
>> Subject: Google vs Bush Administration
>>
>>
>>
>> "The Bush administration on Wednesday asked a federal judge to order 
>> Google to turn over a broad range of material from its closely 
>> guarded databases. The move is part of a government effort to revive 
>> an Internet child protection law struck down two years ago by the 
>> U.S. Supreme Court...The government indicated that other, unspecified 
>> search engines have agreed to release the information, but not Google."
>>
>>
>>
>> Full text:
>>
>>
>>
>> Mintz, Howard. Feds after Google data. San Jose Mercury News, January 
>> 19.
>>
>> http://www.siliconvalley.com/mld/siliconvalley/13657386.htm
>>
>>
>> First reported on the LITA-L list by Tim Mori.
>>
>>
>>
>> Bernie Sloan
>>
>> _______________________________________________
>> Web4lib mailing list
>> Web4lib at webjunction.org
>> http://lists.webjunction.org/web4lib/
>>
>>
>>  
>>
>
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