Chuck Simmons wrote: > > JTK wrote: > > > > Anonymous wrote: > > > Business 2.0's Erick Shonfeld (better known as "Future Boy") has > > > posted a story nailing AOL Time Warner - the parent company of his > > > employer - as only keeping Netscape alive so they could file a lawsuit > > > against Microsoft. Here is a link to check it out: > > > http://www.business2.com/articles/web/0,1653,37401,FF.html > > > > > > > HOLY MOTHER OF GOD: > > > > "If nothing else, AOL's suit only serves as an ugly reminder of the $10 > > billion it poured down the drain when it bought Netscape back in 1999." > > > > TEN ***BILLION***!?!?!?!?!??!?! AMERICAN DOLLARS?!??!?!?! CAN THAT > > ***POSSIBLY*** BE CORRECT?!?!??!?!?!! GREAT CAESAR'S GHOST, TALK ABOUT > > BEING TAKEN TO THE CLEANERS!! > > > > Mr. Case: "Hello there shopkeep! I'd like to purchase this empty > > candybar wrapper from you. How much would you be willing to part with > > it for?" > > Shopkeep: "Price is on the wrapper there, $100,000." > > Mr. Case: "It's a deal! Can you break a $1,000,000?" > > > > Ooooof. > > I don't remember the price but the revenue sources at Netscape, > Netcenter and what is now iPlanet, were indeed worth a lot and were the > prime goals of the purchase. The direct browser revenue was zero at the > time so it was probably not a major factor in the price. This was > particularly true since control of the open source browser project was, > by no means assured. > > You're not at all good at identifying business motives and recognizing > business values. You also seem to lack all knowledge of the history of > the transaction. > > Chuck > -- > ... The times have been, > That, when the brains were out, > the man would die. ... Macbeth > Chuck Simmons [EMAIL PROTECTED]
I understand that it was a 50-50 split down the middle buyout by SUN Micro Systems and AOL. -- --------------------------------------------------------------------------- Phillip M. Jones, CET |MEMBER:VPEA (LIFE) ETA-I, NESDA,ISCET, Sterling 616 Liberty Street |Who's Who. PHONE:276-632-5045, FAX:276-632-0868 Martinsville Va 24112-1809 |[EMAIL PROTECTED], ICQ11269732, AIM pjonescet --------------------------------------------------------------------------- If it's "fixed", don't "break it"! mailto:[EMAIL PROTECTED] <http://www.kimbanet.com/~pjones/default.htm> <http://www.kimbanet.com/~pjones/america/default.htm> <http://www.kimbanet.com/~pjones/message/default.htm> <http://home.kimbanet.com/~pjones/birthday/index.htm>
