Stan's List

We are reminded of what Michael Dell said more than 10 years ago. He was asked what he would do to fix Apple. Michael Dell said before a crowd of several thousand IT executives:

What would I do? I’d shut it down and give the money back to the shareholders.

This was October 6, 1997, and this blatant statement would be quoted again and again when Apple’s market cap passed, doubled, tripled and now quadrupled that of Dell. More …

Reuters reports that MS and Yahoo cannot agree on a sale price, and MS says it’s dropping its 3 month bid to buy Yahoo. MS sent a letter to Yahoo that increased the bid to $47.5 billion, but Yahoo countered wanting $53 billion. Apparently MS did not think a hostile takeover would succeed. More …