mike: here's my official guess:
spitz: google you mean?
spitz: k...whats YOUR guess
mike: google was worried that youtube would complete with google video, and they bought it because they didn't want microsoft or yahoo picking it up
mike: they'll be able to use features and things from it
mike: but the main reason they bought it was because they didnt' want someone else to buy it
spitz: oh im sure that is why..and would make perfect sense..i wonder what the payment was in for the acquisition...
spitz: see a company like that relys so heavily on the stock...and its not earning dividends yet...
spitz: because they pump all their capital into NEW resources..like youtube..
spitz: this will be very interesting to see if Google is built correctly..
Posted on Monday, October 9th, 2006 at 3:50 pm. Filed under miniblog.