Google loses value on ad slowdown
 

http://apnews.myway.com/article/20080226/D8V28IDG0.html

Nice to see the googlites getting a dose of reality. The reality is that google ads are on way too many crappy sites, selling poor quality traffic at inflated prices, and business aren't always going to line up and eat it just to get a sale. Companies that weren't making much more than marginal business are out of there.

It will be interesting to see where this all goes.

Re: Google loses value on ad slowdown
 

People had to react to reality on thi sooner or later. Where the settling point will be quite interesting to see.

Re: Google loses value on ad slowdown
 

It's about time.
That stock was giving me a nosebleed.

To think we took a serious look at it when it was $117. Figured it would split, and we were thinking about going in big.
But we were worried it had topped out.

Needless to say, bad decision. Hindsight is always 20/20

Re: Google loses value on ad slowdown
 

...and here is more on an explaination why it is dropping:

http://www.wired.com/techbiz/it/magazine/16-03/ff_free

The more stuff that becomes free, the less stuff to promote. Movies and music use to be big buyers of Google Ads at the start, now they are dropping out like flies, because, well, everyone gives the stuff away for free.