Google - Don't Believe the Hype

The Google IPO has debuted...

My personal take: I wouldn't touch this stock with someone else's proverbial ten foot pole.

Is Google in a dominant position on today's internet? Absolutely...But wasn't it Yahoo not so long ago? Does anyone remember the dominance of AOL?

IMO, Google has nowhere to go but down. Their current net dominance is bound to challenged by a future innovator who will do to them what they did to Yahoo. I don't see the huge upside potential for Google - what I see is the owners cashing in at the height of its value while the new stockholders get taken for a ride.

As the standard warning for roller-coasters goes: ride at your own risk.