Online Bigger Than TV?!

Lots of good news re: online advertising.  YHOO did it’s thing earlier in the week… GOOG followed suit today.

 

BUT, what caught my eye was something Jonathan Berr wrote in TheStreet.com:

 

     Internet advertising is poised to surpass network TV spending, according to Merrill Lynch.

 

This is huge/interesting for two reasons:

 

(1)  I believe TV is about 30% of the $400-$600 billion ad pie… about double my 15% online expectation.

 

(2)  It’s a silly comment because TV will soon be online and interactive… meaning, it will be considered "Internet advertising."

Either way, this is good news for online advertising. <smile>

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“Inherent” Authority?

Guess I just woke up on the wrong side of the bed this morning.  Got another gripe. 

 

Was listening to the news on the radio yesterday and apparently Bush and Cheney were responsible for leaking CIA secrets way back when.

 

I don’t know the details and am not commenting on them.

 

What I am commenting on is what the reporter said the White House said:

 

     Presidential spokesman Scott McClellan said the White House would have no comment on the investigation. Attorney General Alberto Gonzales said the president has the "inherent authority to decide who should have classified information." 

 

 

Pullleeeaaazzze… what kind of malarkey is that?

 

Leaves me wondering if Bush really does have the specific authority to do something as serious as releasing government secrets… or not?

 

As if so, what is the appropriate protocol?  "Sneaky leaking" doesn’t seem very, uhm, presidential.

 

Ultimately, did he publicly declassify and release the information or not?  Can’t have it both ways.

 

Ugh.  These guys just don’t get it.  It’s situations like this that just shake trust.  Who likes to feel like they’re having the wool pulled over their eyes all the time?

Long Thread B*tch

Woke up early to try to catch up on some work.

Was greeted by two ENORMOUS threads… looping me in at the last minute… without any summary or specific question.

 

Ugh!

 

Come on.  Don’t make me guess at what you’re looking for… either ask a direct question, summarize pertinent points, or best, cut out the crap in the thread that is irrelevant.

 

I think a little more consideration in corporate email can probably save the world billions in wasted effort.

 

P.S.  Guess this is the electronic version of my, "Too-Many-People-In-A-Meeting" bitch.  I always try to ask the unpopular question, "Do we all really need to be here?"

Conventional Wisdom?

Ran into a great statement today about GOOG’s recent secondary offering:

 

In a Reuters article about GOOG topping $400 again, Eric Auchard quotes Hoefer & Arnet analyst Martin Pyykkonen:

 

     "Google would have to be suicidal to price a deal at the end of the quarter and have any doubts about the results for the quarter," Pyykkonen said.

 

Hmmm.  Guess we’ll find out whether conventional wisdom is starting to apply to GOOG.