Quote:
Originally posted by competentone
They're paying for DoubleClick with cash. It's about 1/3 of their cash.
Market Cap has nothing to do with the company's finances, or the company's valuation based upon things like their revenue and income.
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I understand. I'm just saying that with such a gigantic Market Cap, they have a lot of 'free' equity floating around...I personally opine that I don't think the company will just implode because DoubleClick doesn't pan out.
But, then again, perhaps they know more than we do...at least I hope that's the case, paying $3.1B for something that traded for $1.1B just a year and a half ago..