Saturday, July 22, 2006

Paul Kedrosky's Infectious Greed: Not Ga-Ga for Google

Paul Kedrosky's Infectious Greed: Not Ga-Ga for Google: "I maintain that the culprit is GOOG's pesky capex figure. The company continues to grow capex faster than revenues, putting up a near $700m figure this quarter. What are these guys, a utility or something? Soon they'll be floating bonds."
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