Yahoo and other bubbles...when will they burst? Message Board

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Strategies & Market Trends : Yahoo and other bubbles...when will they burst?

YHOO 52.58

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Jun 26 5:00 PM EST

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To: marion (Hijacked) who wrote (48)	2/4/1999 10:01:00 PM
From: Dave Mansfield	Read Replies (3) of 139

Interesting article marion. My only question is what would NBC/GE buy Lycos with. Unlike Yahoo and AOL, they don't have any monopoly money (over priced stock) to purchase shares with. It would have to be cash or reasonably priced GE stock, right? I don't see NBC/GE doing that. GE likes to buy companies at a fair price. A couple of years ago, GE's financial unit got into a bidding war for my company, American Reinsurance. The union of us and their own reinsurance unit, Employer's Reinsurance, would have made them/us the largest reinsurer in the country. Although Munich Re bought us out a higher premium than GE was willing to, it's nothing like the premium on these net stocks. And if GE was not willing to do that (and they love being the biggest at everything they do), I can't see them buying a company like Lycos where it is valued, at least not with anything other than monopoly money. And they don't have any that I'm aware of. Dave

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