Huh. If my math is right, $750 mil is 6% of $12.5B. But Yahoo finance says that Lenovo group has a market cap of $87.6B.
Maybe in Hong Kong dollars?
In any case, unless I recall incorrectly, GOOG spent $12+ B in cash for MM, and are selling now (less patents, apparently, which so far have been fairly worthless in court) for $660M in cash, plus an IOU, plus stock.
And the market looooooved it!
I just dunno....
Yes, the market cap of $87B is a figure in HKD.
The market didn't love it. It was a small bump. Barely a like.
2. Alibaba was always there, and Marissa had absolutely nothing to do with it. Or do you think Marissa is Jerry Yang in drag?
You're kidding me. If you buy a stock in 2008, can it not go up steadily during 2012 and 2013? And, as that stock goes up, does your net worth also go up? If you bother to acquaint yourself with knowledge before shooting your mouth off, you might know that Yahoo makes it a point to report not only their earnings but also those of Alibaba. Furthermore, they also report estimated valuations of Alibaba as well.
And if you were sharp (pretty clear whether you're or not), you'd have noticed that $YHOO slid in Jan when valuation of Alibaba was reduced.
You're kidding me. If you buy a stock in 2008, can it not go up steadily during 2012 and 2013? And, as that stock goes up, does your net worth also go up?
Yes, it can, but the discussion was about Marissa's vision. Alibaba tells us absolutely nothing about this. Yahoo! has had the Alibaba stake forever, and the Yahoo! stock was tanking because Yahoo!'s core market (the US) was doing poorly. Fast forward a couple of years, and nothing has changed, except that the Yahoo stock has more than doubled. Some of the price rise was just market beta (the market is up 30% in the last year), but YHOO! outperformed quite robustly, so I stand by my original statement.
I am glad third graders like yourself are paying attention to the high tech industry, but you might consider some mode of discourse other than insulting people who (most likely) know a lot more than you.
Comments
Huh. If my math is right, $750 mil is 6% of $12.5B. But Yahoo finance says that Lenovo group has a market cap of $87.6B.
Maybe in Hong Kong dollars?
In any case, unless I recall incorrectly, GOOG spent $12+ B in cash for MM, and are selling now (less patents, apparently, which so far have been fairly worthless in court) for $660M in cash, plus an IOU, plus stock.
And the market looooooved it!
I just dunno....
Yes, the market cap of $87B is a figure in HKD.
The market didn't love it. It was a small bump. Barely a like.
1. Which page?
This page.
2. Alibaba was always there, and Marissa had absolutely nothing to do with it. Or do you think Marissa is Jerry Yang in drag?
You're kidding me. If you buy a stock in 2008, can it not go up steadily during 2012 and 2013? And, as that stock goes up, does your net worth also go up? If you bother to acquaint yourself with knowledge before shooting your mouth off, you might know that Yahoo makes it a point to report not only their earnings but also those of Alibaba. Furthermore, they also report estimated valuations of Alibaba as well.
And if you were sharp (pretty clear whether you're or not), you'd have noticed that $YHOO slid in Jan when valuation of Alibaba was reduced.
This page.
You're kidding me. If you buy a stock in 2008, can it not go up steadily during 2012 and 2013? And, as that stock goes up, does your net worth also go up?
Yes, it can, but the discussion was about Marissa's vision. Alibaba tells us absolutely nothing about this. Yahoo! has had the Alibaba stake forever, and the Yahoo! stock was tanking because Yahoo!'s core market (the US) was doing poorly. Fast forward a couple of years, and nothing has changed, except that the Yahoo stock has more than doubled. Some of the price rise was just market beta (the market is up 30% in the last year), but YHOO! outperformed quite robustly, so I stand by my original statement.
I am glad third graders like yourself are paying attention to the high tech industry, but you might consider some mode of discourse other than insulting people who (most likely) know a lot more than you.