Echo To All

Online Ad Bubble: aQuantive Deal Makes No Financial Sense For Microsoft

i do not think a general statement of the 'online ad business being in a bubble' is correct. (at least I do not think Google's valuation merits such a statement.) I think the bubble is concentrated to the niche players capable of being aquired.

but the 2007 projected marketing spending is interesting, and maybe why google is trading at a discount.

If Microsoft Buys Yahoo, It Should Spin It Off With MSN

but by acquiring, then spinning it off... to me that sounds like the deal's purpose would be to soley punish Google. That would not make any sense. MSFT (the entity) would not benefit as greatly, with the exception of a potential asset appreciation from the newly created entity. (In this stage of the online growth game, I do not think that would happen.)