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Google down to earth and up, up and away

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It was reported yesterday in The New York Times that Google Inc. (NASDAQ: GOOG) has come down to earth sending staffers with cameras through five metropolitan areas taking pictures from the ground to integrate with the ever popular Google Earth site.

Already there are complaints about privacy issues, perhaps displaying people at their best and frequently at their worst -- nothing new to Google. It has so many data centers, collecting and storing personal information in the form of emails, click-throughs, searches, site visits, purchasing, etc. These billions of data points -- maybe trillions by now, and growing -- are pushing the limits of personal privacy. Google is not alone but it certainly is a leader in the assault -- always with the purist of motives, it says.

If absolute power corrupts absolutely, then to paraphrase ... absolute information gets out absolutely. It is just a question of time. And even if it does not "get out," how many of the thousands of people on the inside and their affiliates have access?

In the mean time, Google's stock has gone up, up and away this past week, nearing highs not seen in six months. It closed yesterday at $497.91 and opened this morning at $501.00. That has to make shareholders delighted around the globe.

Meteorologists have been reporting that we are in for one heck of a storm season, hurricanes that is -- will they name one Google? Hmmm? I don't think we're there yet.

Those of you who are new to BloggingStocks can check out my other stories and read Chasing Value or Serious Money to find more potential opportunities and verify my track record as well.

Sheldon Liber is the CEO of a small private investment company and the vice president for design and research at an architecture & planning firm. Check out his other posts for BloggingStocks here.

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Last updated: November 25, 2009: 08:23 PM

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