MSFT buying skype at 8.5 billion cash is the greater fool theory in practice. Proof that the theory is real. I thought ebay management was fools and morons, now Microsoft is the greater fool. Hire smart people or invest in people. Lots of morons at microsoft these days. Microsoft is worse than a government bureacracy. Layers and layers of useless management pushing paper and answering emails all day.
Google should add video calls to gmail. They already offer phone calls through gmail, and it should be easy to add the video part. My guess is that within a year Google launches such a service.
This has to be one of the dumbest purchases ever. If MSFT wants to waste money then why not return it to the sockholders?
You are right. If Microsoft doesnât consume companies with its cash its investors will demand higher and higher dividends from the cash hoard.