As of today, Google's market cap is ~$85bil, and the sales is ~$4.5bil. Luckily for Telkom, they monopolized the market. How long is it going to last, time will tell.
Google is currently one of the hottest hi-tech company in US. Most computer expert are interested to join them. It should impact Microsoft, Yahoo, and other software competitors. KOkon. ----- Original Message ----- From: "Agus Liem" <[EMAIL PROTECTED]> To: <undisclosed-recipients:> Sent: Wednesday, October 12, 2005 7:53 AM Subject: [binusnet] [OOT] Mau beli Google, atau Indonesia? :D > > Hello kawan, > Anda tahu ttg Google ? Pernah menggunakan google? Mulai dari kampus > masuk ke internet economy sampai salesnya bisa mengalakan PT Telkom > Indonesia, weleh2.., simak tulisannya.. > > ps: tulisan di bawah ini belum di cek kebenarannya.. > > Salam > > Agus Liem > > "Google's market cap is $92 billion and last year it had $3.2 billion in > sales. Indonesia's stock market is valued at $72 billion and its gross > domestic product is $258 billion. PT Telekomunikasi Indonesia, the > nation's biggest telephone operator, alone had sales of 33.9 trillion > rupiah ($3.3 billion) in 2004. In other words, one company that's just > 14 percent of the Jakarta Composite Index had more sales than Google." > > > Would You Rather Own Google or Indonesia?: William Pesek Jr. > > > Oct. 11 (Bloomberg) -- Faced with poverty, surging oil prices and > terrorist threats, many of Indonesia's 235 million people probably never > noticed the milestone. Ditto for global investors, who care more about > such things. > > In April, Google Inc. surpassed Indonesia's entire stock market in value. > > Think about it. A seven-year-old company that produces no physical > products is now more valuable than the equity of Southeast Asia's > biggest economy. Indonesia is an archipelago of some 18,000 islands > holding natural resources --including oil -- that make the world's > richest nations salivate. Google is, well, an Internet search tool. > > It raises an intriguing question, and one Mark Matthews, a > Singapore-based director at Merrill Lynch & Co., posed this week in a > sales note to clients: Which would you rather own: 100 percent of the > Indonesian equities market or Google? > > A bit existential perhaps, but a question that focuses the mind and gets > at a bigger point. Matthews' take on it? Indonesia is the clear winner. > > ``Indonesia is a hairy asset to be sure,'' he wrote. ``It has African > levels of corruption, thousands of islands spread out over three time > zones, Islamic extremists. But judging by the market's ability to > withstand the most recent mini-crisis and Bali bombs, this is in the > price. So there is upside if they can eventually get it right. And it is > something real.'' > > Today's Cotton Gin? > > Matthews can't help but wonder if Google will go the way of inventor Eli > Whitney. ``The cotton gin changed America,'' Matthews wrote. ``It > revitalized the South and boosted the British textile industry, and had > a thousand other effects. And this earned the inventor, Eli Whitney, > almost nothing.'' > > What's all this got to do with Google? ``That's sort of where Google is > today,'' Matthews wrote. ``Google has a small lead over a pack of > competitors, all eager to fight for one of the few remaining high-margin > zones left in tech-land. Does Google management know that the supply of > advertising space on the Internet is unlimited? > > Google's market cap is $92 billion and last year it had $3.2 billion in > sales. Indonesia's stock market is valued at $72 billion and its gross > domestic product is $258 billion. PT Telekomunikasi Indonesia, the > nation's biggest telephone operator, alone had sales of 33.9 trillion > rupiah ($3.3 billion) in 2004. In other words, one company that's just > 14 percent of the Jakarta Composite Index had more sales than Google. > > Indonesia's Pros and Cons > > Matthews' basic conclusion is this: Folks who buy Indonesia at current > prices may do better than those who buy Google. > > In 1998, for example, Microsoft Corp.'s market cap was bigger than South > Korea's. Now Microsoft's is $272 billion and Korea's is $530 billion. > ``If I could take a 7-year view on them, I would long Indonesia and > short Google,'' Matthews says. > > Aficionados of the information age may fear Matthews is spending too > much time in the tropical sun. The stock of the most- used Web search > engine rose 62 percent this year alone. Clearly, people are making some > serious money off Google. And how many companies have seen their name > become a verb? > > Google comparisons aside, Matthews raises some interesting points about > the state of the world's fourth most-populous nation. > > The aftermath of the deadly Oct. 1 bombings in Bali hasn't been what > their perpetrators might have expected. If the hope of the suicide > bombers who killed themselves and 19 other people was to shake > confidence in Indonesia's economy, they failed miserably. > > Bonds Tell the Story > > That Indonesia's stocks are still up nearly 10 percent this year is one > sign. A more important one is that Indonesia drew excess demand last > week for its biggest overseas debt sale, and that it plans to sell more > 30-year bonds in 2006. > > If investors viewed Indonesia as a basket case -- which many did > following the 2002 Bali bombings and the 2003 attack on the JW Marriott > Hotel in Jakarta -- would they really have placed $4.25 billion of > orders for the $1.5 billion of 10- and 30-year debt it sold? That demand > prompted the government to increase the sale by 20 percent. > > While the yields Jakarta is paying are higher than those offered in > April, they were at the bottom of the range marketed to fund managers. > The demand reflects confidence President Susilo Bambang Yudhoyono is > making progress toward reducing Indonesia's budget deficit, protecting > currency reserves and attacking corruption. > > Subsidy Gamble > > Risks indeed abound in Indonesia, an economy whose only real consistency > is its ability to confound investors. The place has crushing poverty, > terrorist threats and chronic inefficiencies. And those are just the > concerns investors focus. Any Asia-wide outbreak of bird flu, for > example, could hit Indonesia hard. > > Yudhoyono says he's tackling the problems that cost Indonesia the > foreign direct investment it needs. Earlier this month, he almost > tripled kerosene prices and more than doubled diesel tariffs to cap fuel > subsidies and reduce the budget deficit. > > While a tricky maneuver for any leader, that's a particularly perilous > one in Indonesia. In 1998, the removal of subsidies fueled violent > protests that toppled President Suharto. Yet Standard & Poor's on Oct. 3 > said Yudhoyono's move was ``encouraging'' and will spur investor > confidence. > > It's a reminder that in any Google versus Indonesia debate, Asia's No. 7 > economy may not be as bad a bet as you think. > > > To contact the writer of this column: > William Pesek Jr. in Tokyo at [EMAIL PROTECTED] > > ------------------------------------------------------------------------ > <http://pa.yahoo.com/*http://us.rd.yahoo.com/evt=36035/*http://music.yahoo.com/unlimited/> > > > > *._.**._.**._.**._.**._.**._.**._.**._.**._.**._.**._* > > > Founder's Motivational Quote: > Do what you can, with what you have, > where you are. ~Theodore Roosevelt > > > BinusNet founded on Dec 28, 1998 > > Stop or Unsubscribe: send blank email to > [EMAIL PROTECTED] > Questions or Suggestions, send e-mail to [EMAIL PROTECTED] > Yahoo! Groups Links > > > > > > > > > > ------------------------ Yahoo! Groups Sponsor --------------------~--> Get fast access to your favorite Yahoo! Groups. Make Yahoo! your home page http://us.click.yahoo.com/dpRU5A/wUILAA/yQLSAA/wf.olB/TM --------------------------------------------------------------------~-> *._.**._.**._.**._.**._.**._.**._.**._.**._.**._.**._* Founder's Motivational Quote: Do what you can, with what you have, where you are. ~Theodore Roosevelt BinusNet founded on Dec 28, 1998 Stop or Unsubscribe: send blank email to [EMAIL PROTECTED] Questions or Suggestions, send e-mail to [EMAIL PROTECTED] Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/binusnet/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
