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To: Shane M who wrote (42629)5/13/2011 12:23:39 AM
From: Jurgis Bekepuris  Read Replies (1) | Respond to of 78468
 
IMHO, MSFT paid dearly for Skype. I would have preferred that they would have spent the cash on divvies or share repurchases. However, there are some good business points to the deal. And possibly MSFT used foreign cash which they could not repatriate to US without paying US tax, so it was like getting ~20% or so discount.

IMHO MSFT is still a buy regardless of the Skype deal. In the worst case just move the buy point and sell point $1 lower. ;)