CEO of the year recommends getting into Java ME services

IBD picks Eric Schmidt of Google as the CEO of 2006. Der. Like we didn't think that a guy who can take a stock price from IPO at $85/share in 2004 to $460/share in 2006 wouldn't be named CEO of the year?

See:

CEO of the Year likes Java ME wireless services

Here's a quote:

 Google is also getting into new 
 areas such as wireless services,
 where the company has little 
 experience.  That's consistent 
 with Schmidt's aggressive 
 leadership, says Robb Hecht, a 
 marketing and media consultant 
 in New York.

 "He encourages risk taking and 
 even encourages people to fail 
 at the company," he said. "It's 
 usually the opposite at other 
 companies."
Yeah, Eric better be getting into Java ME wireless services if he wants that $460 Google stock price to go any higher. There's only so much money to get out of typing "Britney Spears" in that Google box of his. OK, it's a lot of money, but has a limited life.

Comments:

Yes, he should probably make that bet given Google's stock performance over the last year.

Perhaps China Mobile CEO should have been given the honor. China Mobile stocks improved by about 80% while Google's only improved by 18%, that's eighty vs. eighteen, a very big difference. (According to WSJ today, China Mobile was third in terms of market cap gains.)

Posted by M. Mortazavi on January 02, 2007 at 07:11 AM PST #

I meant to say "improved over 2006" ... So, 80% and 18% are for the full year.

Posted by M. Mortazavi on January 02, 2007 at 07:13 AM PST #

Hi Masood,

Interesting comparison. Too bad there's no such thing as a Rotisserie CEO League (like Fantansy Football or Baseball League), where you pretend to buy and trade CEOs and compete against each other with the CEO's public results. ;-)

Or is there...?

Hinkmond

Posted by Hinkmond Wong on January 02, 2007 at 09:07 AM PST #

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Hinkmond Wong's blog on making Machine to Machine (M2M) and the Incredible Internet of Things (IoT) smarter with Java Embedded Technologies

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