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Technology Stocks : Wind River going up, up, up!

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To: Prognosticator who wrote (8739)10/30/2000 4:49:47 AM
From: Allegoria  Read Replies (1) of 10309
 
Prognosticator , you noted it was an Excellent deal in May 1999. but in today's investment climate you view that they just pissed away $5B
20/20 hindsight is a wonderful thing isn't it. But in fairness to MSFT investors, all you can argue is how the deal looked in May 1999.

Look, if you think that all MSFT bought was a passive investment with no other benefits then you and I are on two different planets. I don't have a clue how to reply to your argument because IMO it borders on the ridiculous. All I can reply is, these deals are made all the time and for very shrewd business reasons. I guess we agree to disagree - politely.

So with this line of argument, I guess this announcement by MSFT on their proposed $1B investment will also be viewed as wasted if the share price of News Corp. declines? MSFT will surely not benefit in any other way from this investment...sure, it would be much better to buy back their own shares...

21:09 [MSFT,NWS] MICROSOFT MAY INVEST OVER $1 BLN FOR A 3.5% STAKE IN NEWS CORP'S SKY GLOBAL NETWORKS

Good luck,
Eric
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