Picking tops and bottoms is for suckers, as is gaming takeovers. I have totally stopped gaming tops and bottoms, but still love gaming acquisitions.
A few days ago I started believing in a Microsoft/Facebook deal. I speculated $5-$7 billion.
Seeing that this merger is now at hand, I will speculate further:
When this deal is announced and I think it will be announced MONDAY(assuming it is sunny in New York :) ), the answers to the huge market rally will be at hand. With the announcement will come a name change for the Zune. They will also change their stock ticker symbol (FBOOK or ZUCK) and move to the New York Stock Exchange. Zuckerberg will step into a role between Gates and Ballmer, Ballmer’s face will explode, he will quit and do a sitcom based on the life of James Cramer (they were roommates and do look alike).
The question is…will it mark the top, an acceleration or continuation of the bull?
PLEASE CHIME IN.
Update – I forgot to mention that the NERDS are all up in arms about the weak advertising click through rates on Facebook . Duh! As I have mentioned in the past , Facebook should take a page out of Brand Building 101 and ditch ads in favor of Facebook apparel, and merchandising like Water. Therefore, if not Microsoft, Coke should be buying Facebook. Love to hear some other suggestions on buyers.