DollarOne: Google Earnings Report

Today's is the day folks, so make sure you're free during the conference call so you can listen in and find out for yourself.

I find it fun to watch the "Last Trade" feature on Ameritrade streamer as I listen to the call.

Last time during the call Google Lost around 30 points. The general consensus was that Google is just not very good at presenting financial data which resulted in the quick drop (of 10%).

Maybe this time they have done better. Here is a highlight of things I can remember that have happened since the last call:

Few new Google Features
Start of Business in China
Free Wifi deal with SF
Some great new hires
Second Offering of stock
A small win over Microsoft
A partnership with Sun
few minor acquisitions

All of the above with the exception of second offering to me fall under the expense/liabilities column as far as income statement and balance sheet is concerned.

However if they can show they have cuts some of that cost down (world class chefs cooking for the employees ...) and they have increased their user base substantially AND they have put click fraud behind them AND they have had record earnings outweighing the expectations (which is actually possible this time) and only if all of the above is true then the stock has a chance of going up. Bottom line is, tomorrow, mid-day could be the best time to buy yourself some GOOG at a bargain price if the same losers decide to chicken out AGAIN.

Here's the call info (its in 1/2 hour sorry for the late notice but you can replay it later):

Event		Webcast Options*		Date / Time
Google Q3 2005 Earnings Conference Call		Microsoft Media Player Real Player		October 20, 2005 4:30 PM ET / 1:30 PM PT