Memory Tweak
Lonni J Friedman
netllama at gmail.com
Wed Feb 6 09:59:21 PST 2008
On Feb 6, 2008 9:22 AM, Jerry McBride <mcbrides9 at comcast.net> wrote:
> 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.
What economic climate? The tech sector, especially in Silicon Valley
is *very* strong. Companies are hiring like crazy out here right now
(hell, my own group has about half a dozen open reqs right now).
--
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L. Friedman netllama at gmail.com
LlamaLand https://netllama.linux-sxs.org
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