Why is comScore still in Business?

Now I was long Google well before the Q1 earnings and I had to listen to scores of bloggers and the occasional ignorant analyst quote comScore data supporting Google’s inevitable demise. Having now been vindicated in my analysis, I now wonder why anyone continues to actually give money to comScore. The sell-side guys put out reports on the utter lack of correlation between comScore data and Google reported data but every time the economy gets scary, investors think that the owner of the world’s largest supercomputer will not be able to make money. This is silly. If you invest in Internet companies and you do not appreciate how useless comScore data is then you are in the wrong business. Please just quit before someone confuses you with a competent analyst and acts on your opinions.

Mira!

Is it possible for some of the top journalists in the nation to not sound like a real estate salesmen in Glengarry Glen Ross? Every night I listen to Keith Olbermann’s Countdown when Newsweek’s White House correspondent, Richard Wolffe, seems uninterested in starting a sentence with any word other than “look.” His biography mentions that he graduated summa cum laude from Oxford with a degree in English. I guess creativity and a good vocabulary are not an integral part of the Oxford English department’s curriculum.

The Value of Imaginary Property

Notice to 37signals regarding the Silicon Alley Insider article about Google’s Huddle Chat: If your application, Campfire, can be replicated by a pair of Google programmers working in their spare time, then maybe you need a new business model. Although Google only took down the site to prevent bad press, you can be sure Microsoft would never have cared if they were in the same situation.

Bear Stearns continues to suck

Well, its official. The Bear Stearns tech conference is canceled. Hopefully, JP Morgan won’t give me a hard time switching to their conference in Boston even though, so far, they have shown no interest in continuing the relationship we had established with Bear Stearns. If so, then there is always Merrill. Our Merrill rep has actually cared about maintaining a relationship while Lehman, who arguably has more of an incentive to grow its business, hasn’t called since they denied our participation in their last tech conference because we don’t trade on a daily basis. I guess Lehman Brothers doesn’t need the business. After all, the market only needs one sacrificial lamb to show that Bernanke will bailout bondholders.