DavyJ, i think your question is great; it would not make sense if they planned to issued debt at interest rate x, and then sit it in their bank account on top of a pile of cash making less then x in return.
the simple answer must be that they have a plan for a substantial portion of this money (for which they think return will be good)...if not now then soon.
I would bet on M&A activity. Perhaps a peripheral hardware player for netbooks or a group of internet companies (thats my bet) with yahoo at the core.
Monday's Closing Update [View article]
the simple answer must be that they have a plan for a substantial portion of this money (for which they think return will be good)...if not now then soon.
I would bet on M&A activity. Perhaps a peripheral hardware player for netbooks or a group of internet companies (thats my bet) with yahoo at the core.