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NetEase, Inc. Message Board

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  • sunwyboy sunwyboy Jul 31, 2003 7:42 PM Flag

    Serious question to longs and shorts...

    My question is why do they need this money? What's $25 mill to these guys with such high margins and no debt? Who are they going to aquire with a paltry $25 mill when their stock is great currency at these levels?

    Here's a thought that came to me as I write this. Maybe they are going to use the money to buy the software maker that is giving them their software for free. It is a company which they probably already own (like ENE). That way they can run expense through the dummy company to pump up margins and then take a loan on their pumped up stock to pocket on the dummy company purchase. Kind of like taking money from your investors to buy something you already own from yourself.

    Sound familiar?

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