Glenn,
By reading what Yahoo's prez has to say, looks like Yahoo is all of a sudden waken up, and found the gold mine buried in its own stock. Sounded like they are gonna continue the shopping frenzy, which could cover a broad range of targets. As far as where eventually Yahoo will evolve into is not clear to me, may be not even clear to themselves at this point. But it sure looks like Yahoo will purchase any I-net leaders in various areas taking advantage of its inflated currency.
What about AMZN then? Don't you think what Yahoo is doing will trigger Amazon's appetite? I guess it has to. But looks like the first and fore most thing they have to worry is not being bot out by bigger suitors, such as Wal-Mart. At $25b, their estate is still not that huge comparing with Wal-Mart's $180b.
So, during this long weekend and beyond his total of 24 hour sleeping, what do you think Bezos is cocking in his mind? I think there is probably just one thing, how to inflate his stock further!!! I think this is the only way to 1) defend itself, and 2) acquire the small ones. So far we've seen AMZN started investing in small sites, but comparing with Yahoo's huge gesture - dumping billions of "dollars" to buy prominent I-net sites - it's just a small pea vs. a coconut. Let's hope Bezos can get something out of his total of 24 hours of sleeps during this long weekend, and brighten us with some refreshing news on Monday!
Have a nice long weekend!
MB
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