Memory Tweak

[Jerry McBride]

On Tuesday 05 February 2008 08:30:59 pm Leon Goldstein wrote:
> The big news of M$'s buyout of Yahoo is getting a lot of attention in
> the media, but nobody has mentioned the ads M$ ran on TV 1-2 years ago
> proclaiming its development of a search engine technology that would
> leave everything else in its dust.
>
> Does the Yahoo buyout effort signify a major expensive failure which M$
> may be trying to cover up?

Well something IS going on for sure... MSFT offered $44.6 billion for Yahoo 
while microsofts cash reserve is "only" $17 billion. MSFT stated that they 
would have to take a loan to fully implement the buyout. Where did the money 
go? Last I heard, back in the good old days, they had like a $60 billion cash 
reserve... 

How do you burn through so much capital without investors screaming bloody 
hell? Amazing how times have changed for one of the most unfriendly of 
businesses.

And worse yet, how do you make an offer like they have for Yahoo and not have 
the cash onhand to do the deal? And buying another failing tech company, in 
this economic climate is... crazy.


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>From the Desk of: Jerome D. McBride