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Message: Re: Samsung drops $6 billion hostile bid for Sandisk

OK, OK, OK, OK, OK, OK, That's 6 OK's to symbolize the 6 billion dollars that was allocated to a purchase of Samsung. And it was a hostile bid at that! So this news is the most encouraging news to me because Sammy's now got 6 billion that it had set aside to make a purchase and now it is sort of free money. What are they going to do with that 6 billion that was earmarked for a purchase. I know, they could make a purchase anyway. I mean the money is there to invest, right? And maybe it could be invested in a similar but better technology. And with a less hostile entity. Maybe Sammy could get a better tech for say a 1 billion dollar discount. 5 billion for better tech and less hostile and with an old friend besides. Oh, and did I mention settling a big lawsuit as a bonus!! This is encouraging news for EDIG shareholders IMO. Nothing is for sure of course, but it makes a lot of sense to me. Does it make sense to Samsung and EDIG?

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Sep 04, 2009 02:16PM
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