(0)I just read this recent post on Kottke.org and felt compelled to point out the mis-analysis that Jason makes. A lot happened between Jan 31 and May besides the unsuccessful Yahoo bid. Microsoft’s drop in stock price from $32.60 to $29.08 over that period cannot be solely attributed to the Yahoo! bid – not when the prices that are being compared are over 4 months apart. If memory serves, there was a profit announcement that failed to meet analyst expectations recently and MSFT stock dropped 5%. Conversely, YHOO may currently be trading at a slight premium if there are still some people who think there is a lingering possibility of another bid in the future. The other tendency to take into account is that an acquiring company’s stock price will fall when it makes a bid and the target company’s stock price will rise to approximately the level of the bidder’s offer price. In light of all this, I think he’s inaccurate to conclude:
In still other words, in attempting to take Yahoo by force, they let an amount equal to Yahoo slip through their fingers. Why isn’t anyone writing about Yahoo’s amazing stock gains and Microsoft’s plunge?
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(0)About 8 years ago I figured out how to use my mobile phone to post to the web. It was a sort of early, personal edition version of Twitter, as can be seen by my location-tracking posts throughout the course of a day. I also added a location and timezone tagging feature to it so that I could “twitter” overseas… although at up to 75 cents a pop (or about half a cent per letter), it wasn’t the most effective way of updating the blog. If only I had thought to make it multiuser :)
Sidenote: Regarding that second post I linked… oh for the days I could leave work at 5.30pm. I actually got into work at 6.30am today. (Note to aspiring law clerks and grads: “cross-border legal work” sounds much more glamorous than it really is. Much.) And sleep deprivation causes transient bouts of erratic peculiarity. Ros. How are you coping with those private equity deals?
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(0)This is an awesome season of Survivor. Warning, spoilers ahead. Highlight the white text below to read:
Jason just got voted out in the second straight episode which sees the idol get taken out of play, unplayed. Very well done by the rest of the tribe – one of the few episodes where a plan plays out almost perfectly. Parvati and Natalie have little to no chance of winning due to putting jury members offside. Parvati especially has royally screwed herself over (getting flipped off by Ozzy at tribal was classic!). If any of the remaining guys get through, it’s quite likely one of them will win (I’m not sure the guys on the jury will like the chick clique girl-power thing going on and James and Erik are both highly likeable), so the girls really need to stick together and vote out the guys. Watch out for Cirie. She’s the queen bee, even though no one in her alliance seems to have recognised it yet. She’s an astute, excellent strategic player. Assuming Amanda stays tight with the guys, her alliance still needs to pull one of the girls across to even the balance of power. Hard to see which one that could be though. Prediction: Eight remain, but assuming the guys don’t go on an immunity idol rampage, this season’s fans vs favourites final five will be its first all female fight. Fantastic. (Although I’m still cheering the guys on!)
Chat transcript:
Alfredo G says (12:39 AM): http://www.alleyinsider.com/2008/4/googles_ginormous_food_budget_7530
_per_googler
Stu says (12:40 AM): i so want to work for them.
Alfredo G says (12:40 AM): lol
i wouldn’t mind
free food
Stu says (12:40 AM): that’s probably why there are so many asians working for them
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