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March 8, 2006, 5:54 pm
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The company that vowed not to give any financial guidance to investors
just can't help letting things slip -- this time on the Web.
What is it with Google?
The search-engine company's management made another gaffe that came to
light late Tuesday. It mistakenly posted in-house financial guidance
on the Web and then, in Wizard-of-Oz style, told investors to pay no
attention to the numbers behind the curtain.
That pushed shares down 2.3% in early trading Wednesday.
Google published a large document on line that accidentally included
speaker's notes. It was eventually discovered by Web surfers. In the
notes was a projection that Google's core advertising business would
grow 60% to $9.5 billion in 2006, but that profit margins could
shrink, The Associated Press reported.
Re: Google Goofs Again
Ironically, or perhaps rather the very contrary, a company that infiltrated
sites over the years, sometimes exposing people's hidden documents, is
finally the sufferer. They are truly a victim of their own thirst of
knowledge or (mis-)management of data. The public saw what was intended to
remain a secret.
I remember how I once discovered the full Palm archives of some MIT systems
administrator. It included personal notes and all the passwords! Imagine the
horror. He had to chase Google over that matter. It was in cache.
Roy S. Schestowitz
http://Schestowitz.com | SuSE Linux | PGP-Key: 0x74572E8E
3:20am up 19:57, 7 users, load average: 0.27, 0.36, 0.56
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