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- Tom Foreskin's wafer-thin presentation
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Tom predicts there's going to be a $40 billion expansion in new money spent on online advertising over the next three years. A "deluge", he says, and an "incredible bonanza", and "the richest gold rush in advertising", is coming up, in his humble opinion. But, with the sole exception that online advertising has been growing in recent years, he gives us no fundamentals from reality that would support such a prediction. Because he gives us no basis for believing him, what he says is worthless. He sounds like somebody from the late 1990's who only sees the growth numbers and doesn't see the fundamentals.
My own opinion is that Microsoft has a dire need to improve the quality of its search engine, but has no need to make acquisitions in online advertising media and actually should avoid such acquisitions because Microsoft is a technology company and should remain so. Its efforts at online media so far have been pathetic -- it's got no competence or competitive advantage in the area at all. - Posted by: seanwal111111 Posted on: 05/12/08 You are currently: a Guest | Members login | Terms of Use
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