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3 O'Clock High: The Bunny Hutch

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Love is in the air, just not on the Street.

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"But he seems like such a nice guy on television..."

Still no word from Rick Schottenfeld regarding my charity-related invitation to the Playboy golf event. No pressure or anything, Rick, but my schedule has been known to fill up well in advance.

In anticipation of Rick's email, and to demonstrate just what a powerful wingman* I could be at Bunny-Laden social functions, I'm going to go ahead and presumptively fill an email request for The Top 5 Things Overheard During my visit to the Playboy Mansion:

5. "The monkeys were like that when I got here."

4. "Gee... thanks, Miss Andersen-Lee-Kid Rock, but I'll pass on having a bite of your sandwhich... I, uh, had some beer, earlier."

3*. "It's my understanding that he had to have the slippers specially constructed due to his freakishly large feet."

2. "I hate gushing like this but when you taught Rose to fly, shouting 'I'm the King of the World' in your vaguely girlish, non-threatening heart throb way, it was as though you were spreading your tiny little arms above me..."

1. "It's the pleats, actually. Sort of an optical illusion from the... uh... pattern in the pants.... kind of... flattering in the crotchal region. I'm taking them back to the pant store this afternoon."

Minyan "Lenny" Bruce writes:

I guess we won't mention Google (GOOG) today because it's big and scary ... let's go gents! ... any insight between the ears of all these wealthy know-it-all " savvy Professors" ... you guys haven't even mentioned that GOOG has earnings today ... I wonder if my Buzz and Banter is working correctly ... if it is I guess GOOG earnings are not a big deal then. You guys are funny ... especially the guy who used to bet on and write about ponies. He's the funniest ...

GOOG luck tonight gents ... time to surf the 10ft swell at Ocean Beach. I'll take a picture of the great white seen circling around out there ... no joke. All good things ...

Len,

Allow me to courageously break the silence surrounding Google's release of earnings this evening.

The number #6 thing I will overhear at the Playboy mansion: "You Google guys are hysterical, dressing like the old SNL 'Wild and Crazy Guys'! oh... you didn't, huh? Ummm... hey, have you met Leo?"

Also between my ears regarding Google, in no particular order:

  • They don't really seem to have a "business model"
  • I wouldn't short the stock with Meehan's money
  • I assume that they'll beat the estimates, to the extent that it's possible to really understand their release
  • While the stock will dominate the news and trade in ginormous volumes tomorrow, the fact is Google doesn't really "matter" to the broader market.
  • Yes, they have a huge market cap. At the end of the day, they sell ad-space on website and give away a bunch of cool free-stuff.
  • It's not really a matter of "knowing it all"; it's a matter of knowing more than the guy on the other side of your positions.

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No positions in stocks mentioned.

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