4 ms·
Maybe, or it's a sign that companies are recognizing they are richly valued and want to take advantage of that while it lasts. MSFT has a P/E of 38, for exampl
by notadoc 10y ago
Maybe, or it's a sign that companies are recognizing they are richly valued and want to take advantage of that while it lasts.
MSFT has a P/E of 38, for example
If I had to guess, I think we'll see a lot of M&A activity at some very high prices from other companies that are richly valued.
- imjk 10y agoThat's true. Even during the dotcom bubble, internet incumbents used their high valuations to leverage questionable acquisitions. Yahoo's purchase of Broadcast.com for over $5B being the most notable example.