Mark Mahaney
Mark Mahaney
entered improve land left stock trade
In many respects, you've left fundamentals land and have entered expectations land. Fundamentals can improve and the stock can trade off if expectations aren't met.
based either finding looking people prior search traffic
Can you get better at finding what people are really looking for, based on either prior search traffic or something about their interests?
looks strong
It looks like a very strong beat-and-raise quarter.
best far
These are still far and away the best the fundamentals in this sector.
core tech
That's really impressive, ... This is a core tech long for investors. It's at its all-time high, and it should be.
fairly movement september short stock
That's a fairly sizable number. It's conceivable that some of the movement in the stock in September may have been some near-term short covering.
fairly movement september short stock
That's a fairly sizable number, ... It's conceivable that some of the movement in the stock in September may have been some near-term short covering.
biggest online retailing stocks
The biggest thing that hovers over online retailing stocks is offline retail data.
expenses marketing operating sales tough
It's tough to get a read on operating expenses in a quarter. There weren't expectations that there'd be a big sales and marketing increase.
difficult employed grow growth hired inevitably last manage occur people problems
It's very difficult to manage this kind of growth--they hired 800 people last quarter, and when you grow that fast, how do you know that all the people you've hired will be employed as efficiently? Problems inevitably occur when you're ramping up at this rate.
lower reasonable room
The valuation has always been reasonable on this name. The multiples are materially lower here. There's room for upside.
lower reasonable room
The valuation has always been reasonable on this name, ... The multiples are materially lower here. There's room for upside.
higher likely money others piece price spend stock
The higher their stock price goes, the more likely that others are going to spend more money to get a piece of the action.