appledeadmoney

Google Needs to Shed Some Cash

Thanks for pointing out Google's cash horde. I for one speculate that the company will be using this cash in the near future to make accretive acquisitions.

This is one of the reasons why I believe it will be a potential buyer of another company I have been accumulating --- Napster. NAPS is roughly worth $150 million in market cap and would be an excellent addition to the suite of Internet search/media/entertain... services already being offered by Google. Music search and play is definitely a platform that Google could take and transform into yet another viable revenue stream.

GOOG could snap up this company at a premium of $300 million plus with very little difficulty based on the cash numbers you showed.

Just my thoughts.