Some customers think the hype for Google's (GOOG) newest product is off-base.
When the search-engine giant unveiled its free listings service, Google Base, press reports proclaimed it would revolutionize classified advertising and siphon off a lucrative business from newspaper publishers. But some users say Google Base so far has failed to live up to its extravagant billing. "Google in the past has had very well-thought-out products," says Kyle Tinsley, the president of Google Base advertiser ifreelance.com, which matches freelance professionals with companies. "This doesn't appear to be along the same lines." Indeed, Google Base is getting a cautious reception from some advertisers, who are also awaiting the launch of a rival offering from Microsoft (MSFT). Google Base has also been hit with technical glitches and has attracted pornographic Web sites and those that redirect listings from larger companies. Google didn't immediately respond to requests for comment. But investors bullish on Google's prospects have high hopes for Google Base, says Scott Kessler, an equity analyst with Standard & Poor's who rates Google hold and doesn't own the shares. "Sometimes there is a major difference between concept and execution," he says. "I don't see anything that compelling about what the company is currently offering. It's very possible that this product could be in testing for all of next year." Monster.com (MNST) is among the companies that plan to wait until Google proves that Google Base works. "Monster believes that associating the Monster brand with an unproven database -- even one developed by Google -- is not in the best interests of our customers at this time," says Lauren McDonald, a company spokeswoman. On the other hand, Monster rival CareerBuilder.com is providing ads to the site.TheStreet Premium Services For Personal Service: 877-471-2967
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreETF Profits:
Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 12,774.78 | 1,342.06 | 2,908.44 | 19.72 |
Oil *
117.32
|
|
DOWN
115.68 |
DOWN
9.89 |
DOWN
18.79 |
DOWN
0.75 |
10 Yr
1.97%
SPDR Gold
167.16
|
|
-0.90%
|
-0.73%
|
-0.64%
|
-3.66%
|
Data delayed 20 minutes |

Connect with TheStreet