NBC investment conspiracy theories
Robertson Stephens analyst Keith Benjamin is an idiot.
He's just trying to renew the waning interest in the
Internet sector that he's responsible for hyping.
First off, ABC has wonderful web resources, and NBC
has a pack with MicroSoft for MSNBC, or did everyone
in the World suddenly forget that! CBS is currently
the weakest player on the Internet, but they suck at
everything else, so who cares. And Eisner at Disney
is too arrogant to buy anyone, so while I'm happy for
C|Net, it's shareholders, I'm so surprised by this NBC
move that it makes me very suspicious. My theories:
1. This is just another way the MicroSoft can support
C|Net without showing it's hand as MSN keeps failing.
2. NBC/GE is not happy with it's online alliances with
MicroSoft, and is hedging it's bets on it's own.
3. Start Page real estate and mind share is now going to
move out of the hands of ISP and content providing players
who have till now UNDER leveraged them, and could now be
shifting to the Media giants who are in a better position
to get full value out of their potential.
4. There is such a shortage of good Web Site development
talent, that companies would rather buy divisions like Snap!
then bother to raid and breakup another companies payroll.
Personally, I'd like to wish Mr.Ballard congradulations.
when you bought computeresp, I was impressed, and now that
you got NBC on board, I am in shock. I just hope you can
get beyond supporting this stock with over hyped deals,
and start actually getting some revenues generated over
there as AOL and YHOO have managed to do by now. Good Luck. |
