Google Fiber

By trinalindsey, March 16, 2014

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

My interest has been peaked with this Google Fiber that will possibly change the way we connect to the internet. With the cost of Goggle (GOOG) stock I will not be buying any of it but am wondering if anyone has done research into other related stock such as the companies that produce the product or lay the fiber itself.

I see that in 2013 Corning was on your investment list: as of 7/16/2013 Corning GLW buy price $14.82 current price $18.87 Percent Changed 27.33%.

There are many Telecom Fiber Optics Companies in the US and just wondering if anyone here has done research into cheap fiber optic stocks with good potential for growth. I’m sure there are also other type companies involved in this growth so any thoughts would be appreciated.

Thanks
Trina

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3 Comments on " Google Fiber"

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Travis Johnson, Stock Gumshoe
Admin
4429
March 16, 2014 9:11 am
I think Google Fiber is primarily a push to try to get other telecom companies to provide higher data speeds, they can keep doing a few cities at a time, gradually building up service in those cities, but it won’t become meaningful for Google financially unless they ramp it up a lot faster and become a much more capital-intensive company. I doubt they want to do that. It’s possible that they want to be the disruptor in a much larger way, becoming a huge national ISP, but it would take continuing massive investment. For a decade now they’ve been buying… Read more »
arch1
Irregular
4338
March 16, 2014 9:24 am

Travis; I too have been wondering what GOOG is up to. My thought is that they are trying to become a “gatekeeper” for content on fiber perhaps to gain leverage against MSFT
Verizon or ???? I honestly don’t know how they can expect the huge increase in capacity/bandwidth in the backbone can occur,not to mention the squeeze coming in electric generation fast approaching.

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