Don't have all the Ford/Volvo details in front of me, Dave, but it was 100% cash. Good story in Friday's NYT with all the dope on the deal...
You remember cash, don't you Dave? Back in the late twentieth century, when people still drove automobiles, and ate fine meals in restaurants, before we all spent every waking moment at our screens, there was something called cash. It was before the virtual economy, Dave, back when people CARED about such things as revenue, value, profit, all those old concepts we happily have left behind with our paradigm shift to the New Age....
And, yes, BTW, I must have been punch drunk when I made that post, or maybe just plain drunk. YHOO acquired GeoCities for 60% of the price that Ford paid for VOLVO, of course, not YHOO. For the record, Ford in a million years could not afford to buy an economic powerhouse like YHOO. After all, Ford is only a $75 billion company; YHOO's right at $38 billion right now, so it would certainly be a big pill for Ford to swallow...
In fact, another few weeks, YHOO up to 600 or so, and the paradigm, oops, sorry, positions will shift. YHOO and Ford will then be of approximately equal value. Think of the merger possibilities!
Oh, yeah: and I think when that happens Yahoo! should get the respect that it deserves. No more of this silly YHOO stuff; just a simple Y will do, thank you. What's good enough on Wall Street for F should certainly be good enough for Y, right. Let's see, after the merger, it's F-Y. Has a nice ring to it, doesn't it?
Paradigm shift. Paradigm shift. Here comes one now.... |
