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Old 11-18-2007, 06:41 PM
David Friedman
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Default Re: GOOGLE - AND/OR Apple Nessy...

In article
<linuxlovesosx-0D2F92.10453018112007@mpls-nnrp-03.inet.qwest.net>,
Oxford <linuxlovesosx@supersmart.com> wrote:

> "Ness Net" <richard@nomore.damn.spam.nessnet.com> wrote:
>
> > > Apple can easily outbid Google if needed.
> > >

> >
> > Again - you demonstrate your lack of ANY actual knowledge.
> >
> > Have you actually SEEN Google's market cap?

>
> Ness, so clueless in so many ways. You can't write a check against
> "market cap", you can only do it with liquid assets such as cash.


I gather you don't believe in the existence of capital markets.

> Apple is wealthier than Google by quite a wide margin.


In terms of cash, about 40% wealthier, comparing Google in March to
Apple currently. I'm not sure if that's what you mean by a wide margin.

....

> Banks don't look kindly on such ".com" bubbles, so Google is in a much
> weaker position than Apple to bid on the upcoming spectrum sale.


The price of Google's stock provides evidence of their ability to raise
capital--they could, after all, issue some more of it.

--
http://www.daviddfriedman.com/ http://daviddfriedman.blogspot.com/
Author of _Harald_, a fantasy without magic.
Published by Baen, in bookstores now

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