Mike Macgirvin
Diary and Other Rantings
   
Thursday, Aug 28 2008, 06:42 pm
Jun 07, 2005
GOOG (Google) is looking more and more like a dot-com stock
GOOG (Google) is looking more and more like a dot-com stock every day. Keeps going up for no logical reason other than it seems to keep going up. Sorry, but I already learned that lesson. What goes up.... Still, I find it interesting that a post-dot-com company could raise $80 billion selling words. It's giving me some fresh ideas on raising cash. For instance - let Madison Avenue bid on a square foot of your house. Ads. Would you sell one square foot of your house for a monthly royalty check? I would. It would turn the housing market upside down. High-density dwellings on the main drag would be worth more than the secluded cul-de-sac.

Let's look at some successful high-tech business models. Like I've said, Google (and Yahoo) sell words. Apple is selling music. eBay is making a tidy profit selling motivated buyers. Still nobody can touch the amount of money that Intel has made selling value-added sand.

The Supreme Court finally ruled that it is essentially illegal for a doctor to prescribe marijauna for medicinal reasons. Federal law trumps state law. The DEA argued successully that medicinal pot is screwing up their ability to counter illegal drug trafficking. I think it's all pretty amusing. Especially when I've got at least thirty spam emails this morning offering me easy access to vicodin - which y'all know is synthetic heroin.

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