Tuesday January 02, 2007 CEO of the year recommends getting into Java ME services
IBD picks Eric Schmidt of Google as the CEO of 2006. Der. Like we didn't think that a guy who can take a stock price from IPO at $85/share in 2004 to $460/share in 2006 wouldn't be named CEO of the year? See: CEO of the Year likes Java ME wireless services Here's a quote: Google is also getting into new areas such as wireless services, where the company has little experience. That's consistent with Schmidt's aggressive leadership, says Robb Hecht, a marketing and media consultant in New York. "He encourages risk taking and even encourages people to fail at the company," he said. "It's usually the opposite at other companies."Yeah, Eric better be getting into Java ME wireless services if he wants that $460 Google stock price to go any higher. There's only so much money to get out of typing "Britney Spears" in that Google box of his. OK, it's a lot of money, but has a limited life. |
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Yes, he should probably make that bet given Google's stock performance over the last year.
Perhaps China Mobile CEO should have been given the honor. China Mobile stocks improved by about 80% while Google's only improved by 18%, that's eighty vs. eighteen, a very big difference. (According to WSJ today, China Mobile was third in terms of market cap gains.)
Posted by M. Mortazavi on January 02, 2007 at 03:11 PM PST #
Posted by M. Mortazavi on January 02, 2007 at 03:13 PM PST #
Interesting comparison. Too bad there's no such thing as a Rotisserie CEO League (like Fantansy Football or Baseball League), where you pretend to buy and trade CEOs and compete against each other with the CEO's public results. ;-)
Or is there...?
Hinkmond
Posted by Hinkmond Wong on January 02, 2007 at 05:07 PM PST #