I’ve been noticing posters around town for a new movie coming out June 7th called The Internship. It is described thusly: “Two salesmen whose careers have been torpedoed by the digital age find their way into a coveted internship at Google, where they must compete with a group of young, tech-savvy geniuses for a shot at employment.”
As a proud contrarian, I look for signs like this, which don’t happen that often, of any concept or company that has so deeply saturated itself into the public mind that they start making freaking movies about it. Can you imagine someone doing a film about a guy starting a gig as a salesman down at the local Foot Locker?
I wouldn’t be surprised to see GOOG at a much lower price by the end of the year. This isn’t technical analysis, I realize – – – more like cultural analysis.
The last time I remember a big tech company getting a starring role in a movie was that iJob film, or whatever they called it, starring Ashton Kutcher. Apparently the movie itself was a completely embarassing bomb, but I find it more interesting that all the excitement about it and the filming of the movie itself took place when AAPL was, oh, about $700 per share. And, once the movie was actually released, well……….
