Google Glasses are a reality head mounted display that allows its users a hands free interaction, with the Internet, via voice commands. The glasses appearance is simply an aluminum strip, with two nose pads, and the heads-up display in the upper corner of the eye. It works by having the virtual retinal display project images onto the retina. This means you will be searching the web, getting directions, having Google + hangouts, recording videos, taking pictures and even sending messages from a blink of an eye. It also has the ability to take photos and record videos up to 720p.

Can you believe it… just years ago the smartphone was this revolutionary idea that had/has us going crazy over apps. Now we will be wearing glasses that look like were from Star-Trek everywhere we go…hard to believe.

It will change the way companies advertise, instead of all the ads on the web, it seems reasonable to say they will transition over to the glasses. To say at this time how they will be done, is quite unreasonable… but the sky is the limit.

This technology can also have tremendous effects on how you watch your favorite sporting events. Instead of siting on your couch with a 1080p TV, how does watching it streamed 720p from your friends glasses sound? Yes, that is exactly what these glasses have the ability to do. If your friend is sitting courtside at the NBA Finals, front row at the super bowl or even third row down the first base line at the world series, you could see exactly what they are seeing real time. Disputes from the NFL, NBA, MLB, and NHL etc. over the thought of that happening is a whole different story, but we can dream for now!

If you want to get your hands on a pair of these, Google announced that they are taking pre-orders requiring those interested to tell Google “what you would do if you had Glass”?

Author: Peter Nitso

pnitso@yahoo.com

Twitter: @PeterNitso

In short, time will tell. Yesterday’s gap down was a prompt rejection of the 200 DMA
(day moving average), and may be the catalyst for shares to move lower and retest
lows. The 50 DMA recently crossed over the 100 and 150 DMA, but yesterdays price
action was also rejected by those levels as the stock tried to rebound from beneath
them.

The ailing daily deals site suffered a loss of $0.12, but this may be a turnaround
point as the stock traded over 100 million shares. From a fundamental prospective,
the business model is being questioned as players like AMZN and GOOG join the
scene, for the barriers to entry are minimal. Additionally, the stock has been a
target of shorts as there was early controversy of GRPN’s accounting practices.

The graphic below is GRPN.