[dingaling]

But why does that matter to Google? They'll never need to issue more stock to raise cash; last year they had $200 billion in gross profit, money they literally didn't find a reason to spend.

Imagine being so replete with cash that after paying all your costs, all your salaries, all your R&D - you still can't find a way to spend 200 billion, so you threw a chunk of it away as tax and put the rest in the bank.

The price of a share should be utterly irrelevant to them.

[linkregister]

You'd think they'd join many companies and pay a dividend or perform stock buybacks.

[sgerenser]

Not when most of your compensation is in Google stock.