Yahoo syndrome?
The lust for internet deals, it seems got rekindled after Microsoft’s recent tryst with Yahoo. Otherwise why am I reading Jana Partners lusting for CNET that owns a few cult portals with too many visitors and not as much revenue? And further CBS racing on to stage a $15 billion (yes Billion it is!) rescue even in these hard times for liquidity and cheap credit. Geez….
.
In the end, it all leaves me dazed. Extend the Yahoo metaphor further. Could CNET be suffering from Yahoo Syndrome – an affliction characterized by an inability to convert healthy traffic into nutritious profits? If so why would corporate raiders want a piece of a laggard? Do they see a pattern in starting up a proxy war and cashing out handsomely?
In the end, it all leaves me dazed. Extend the Yahoo metaphor further. Could CNET be suffering from Yahoo Syndrome – an affliction characterized by an inability to convert healthy traffic into nutritious profits? If so why would corporate raiders want a piece of a laggard? Do they see a pattern in starting up a proxy war and cashing out handsomely?
.
Lastly, has Les Moonves of CBS gone mad? When you know how to make $15 billion, then not knowing how to keep it is a sure sign of insanity.
.
Labels: Big Deals, deal frenzy, Internet
posted by Krish @ 7:05 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home