Oh and when you leave 18 if you across the street and to the left the Dunvegan Pub is there. That is where all of the Caddies hang out. When my buddy and I stopped in we saw our caddies so we bought them a drink. Well, lets just say its a good thing my buddies wife came looking for us because I don't think either of us could have found our way back to the hotel we were staying in. It is also why the next day neither of us made our tee time at Muirfield.
Hotmodel: Good to hear from you. I was trying to remember who mentioned that they thought MSFT would split into 5 or so companies. Good Call! Although as I posted this is half a decade or more too late and I'd short them but with all that cash on the balance sheet who know what a desperate Ballmer would do. You know this is the first time in over 30 years when I didn't catch more than a few minutes of the British Open. I actually played St Andrews in 94 and it was a cow pasture, but the most fun/ frustrating/ and difficult game of my life. Best part is I got a par on 18 putting out of the Valley of Sin in front of about 200 people. Very cool since I shot a 16 on hole 17. I also got to spend a lot of time learning the best way out of Hell Bunker. The secret is go back to your previous shot and don't land in Hell Bunker. If you stay on the fairway its not to bad, but one shot into the heather and that hole just became a nightmare. The Pros have it easier since their are so many fans to help locate the ball.
Yahoo spent $1 billion buying back Loeb's shares. Afterword Yahoo has 1.05 billion shares outstanding. With the stock down $1.20 a share effectively that is $1.26 billion in market cap destruction.
Seems like Yahoo is still up to its old market cap destruction tricks.
Have they taken the $1 Tumblr write-off yet? Don't worry, its coming.
Positive?? Loeb cashing out is a good indication that he sees the shares as fully valued. With no more upside Dan said Bye Bye. If Loeb thought there was another 10%, 15%, or 20% here before the end of the year he'd have stuck around.
Is it just me or is this MSFT re-org 7 years to late? Ballmer should have been kicked out of MSFT when he made his first offer for Yahoo. Anyway, hope your summer is going well. We've had nothing but rain here in Georgia.
Interesting times indeed.
What was the word that was thrown around during the 90's about the Internet - Dis-intermediate? Taking out the middle men in other words. The publishers are already merging and they have only begun to cut costs. Still their revenue is growing.
As for DISH. If they don't get Sprint and I don't see how they can, I could see them making a move on Globalstar. GSAT is trying to get the feds permission to use its frequencies in conjunction with cell phone operators. That would free up a lot of spectrum.
"then Hulu has to be worth at least $5 billion.... just sayng."
But Hulu has to be discounted a couple of billion because of the Disney / News Corp baggage and restrictions.
I haven't heard about KKR being associated with anyone, but that isn't unusual as they often make a deal and then go find a CEO. The thing with KKR is they have their new fund with something like $18 billion in it so they are kicking every tire they find. I really don't see them as a player here.
You really think Silver Lake is serious about HULU? I just don't expect them to play, but maybe you have a different insight.
To me this seems to be a four corner game. Yahoo in one corner. Chernin in the opposite corner. DirecTV taking a third corner and Guggenheim Partners, where former Yahoo Ross Levinsohn is CEO of Digital Media which just bought #$%$ Clark Productions and owns the Hollywood Reporter, completing the square.
What a lovely fight this is going to be.
So on the one hand MM says that Yahoo is going to leave Tumblr alone and Yahoo is not going to screw it up.
On the other hand, Yahoo is going to massively increase ad sales on Tumblr and use its members posts for data mining and to increase search.
Well, that just sounds like a recipe for disaster er success er trouble.
They may as well take that billion dollar write down this quarter and report it on the July conference call.
Oh, I don't doubt for a minute your statement concerning Tumblr and the present buzzword "Big Data", but Yahoo has never ever been able to keep its hands off of acquisitions it has made. It has destroyed more promising companies because of its need to Yahooize whatever it buys. That is still in the Yahoo DNA, which is why I say this purchase is a future massive write-off.
I agree on the public funding thing. We have the same issue here in Hotlanta, but at least they are using hotel and car rental money. The Viks new stadium looks great. if it turns out as beautiful as the pictures.
As for the DME's let just say that if you comply with all of the medicare requirements, you won't get any doctor referrals since it requires them to provide you with a mountain of paperwork, but if you don't comply and medicare audits you you are screwed. It is a great system that makes everyone a criminal in order to provide patients/clients with services they need.
Now I think I am going to sign up for a tumblr account so I can get in on the un-cooling of Yahoo's new toy.
Hey Lexi: I'm not sure what Hotmodel is up to I haven't spoken to him in a while. I've been playing the consumer stocks and the restaurant industry lately. That is when I'm not busy with my consulting business. Lately I've been helping a lot of doctors plan for their retirements and helping them liquidate their practices. Well, that and helping durable medical companies try to survive under medicare competitive bid and other issues. The real mb is all wrapped up in his project and I think he is going to be launching soon. That will be a real shot over the bow for the tech companies.
So now Yahoo is just a game to watch for me. I am interested in what MM is going to announce tonight. I'm guessing something to do with T.V. industry. But that's just a guess.
Dang Lexi, you beat me to it.
The only thing I'd have posted differently is the time frame. I think they will write the whole thing off in 2 years or less. Either way, over a billion dollars in shareholder value has just been destroyed.
" It's dunces like you who should ship out and stop trying to destroy this fabulous country."
They can't, no other country want them.
Actually, I've been on the Packers Season Ticket Waiting list since 1986, and I only got a chance at the 3 game set because of the 6,000 seats being added with the South Bowl Upper Deck expansion. So yep, it would be another 25 years for the 7 game package. Didn't want to wait until my mid 70's for that.
MB is still alive and kicking and working on his project. He finally could not take the insanity postings on this board any longer so he has kind of written it off. I expect the world may hear something from him in the next few months as he seems to be reaching a launch point.
Anyway, hope you and the family have a great Easter and please try and keep the microwave clean during the Peep Jousting Competitions.
Annoyingly! I love it.
The only problem I see with your application is that it would be of incredible value to too many of us and if you built it you would actually create a product people would want. What a way to back into millions of dollars.
It would also cause a major increase in hiring as Yahoo and others would have to hire hundreds of thousands of people to write and post enough drivel to somehow try and overpower your algorithm.
By the way, did I mention that I got my season tickets to the Green Bay Packers this year. It is only the 3 game gold package but I could get them now or wait 25+ more years for the 7 game Green package.
Yahoo to Buy Oliphant for $71 million source say.
Oliphant is a yet to be chartered company with no employees, no revenue, no technology, no business idea, and no business model.
Sources say that Yahoo is paying the $71 million to an individual who, during a sleep study, dreamed up the idea of selling Oliphant to a major tech company.
The dreamer in question will be introduced Monday morning on CNBC appearing with MM as Yahoo continues to acquire talent and do financially questionable things that still make it look Cool & Hip.
Yahoo is rated a joke by Grey & Company.
Yahoo is worth no more than $17.20 a share. Anyone paying more than that is going to get burned.
It is as simple as that.
I doubt they will ever have her back after that performance. Becky & Joe didn't look comfortable with her at all. They should have had the Former CEO of AT&T Co-host. He was much better and far more interesting to watch / listen to.