“Hey, Chris… Thank you for insulting your own motherland & your own Chinese working companies.”

I have 2 motherlands, 1 is the USA, and the other is Canada, and I do not own Chinese working companies. I go out of my way never to trade with China, because of their poor human rights record and bad quality control.

Surely a lot of people in Canada saw The Verdict with Paula Todd last night on CTV news where she lambasted Chinese importing in Canada. She went point by point letting Canadians know why they should not deal with China.

http://www.ctv....layer/Docs.html

Watch the show “The Verdict” from Oct 25th on CTV broadband.

When their Asia operations start to fly, CNET’s stock is going to fly. If you are a long-term invstor, buy CNET this year and hold on. If you are a daytrader, look elsewhere.

But CNET will not sell because they know the real value of their operations has yet to be fulfilled. They are just keeping things lean in the meantime.

And webshots stuck out like a sore thumb in their inventory (as does that crummy dating site they own).

On assets, it is not so simple. This metric is more important to financial buyers looking to buy a company on the cheap. Right now you can buy CNET for 2X its assets (after factoring in the $250 million line of credit). Dow Jones, by comparison sold for 2.5X its assets of $2 billion. So CNET is cheap. That is my point.

You may think CNET is an Internet company, but it is valued more like a traditional media company. And its assets are not just property, plant, and equipment. Those buildings and computers make up only $71 million worth of the assets on its balance sheet. The rest is cash, accounts receivable ($79 million), intangible assets (such as trademarks and other intellectual property), and, yes, goodwill ($132.5 million). Those are relevant to any buyer, at least to establish a floor price for the company. You might actually want to look at CNET’s balance sheet before opining about what is on it. Unless that sort of thing is over your head.

Canadian Chinese resturant & your lousy Canadian startup = Canucks

Does that count?

LOL!

Chinese delivery people are so stupid and funny! Ha ha!

Try my search engine!

So THAT’s where the fortune cookie went. DAMN YOU, DAMN YOU TO BLOODY HELL.

You steal my fortune cookie!!!! You BAD MAN $%!&*!!!

wrong again. you say:

“When the gap between a company’s market cap and assets narrows, it becomes more attractive to takeover buyers. Similarly, comparing market cap and enterprise value is useful because it shows you what sort of premium an acquirer would have to offer.”

book value of assets is irrelevant, particularly for an internet company. all it shows is how much they spent in fixed depreciable “things” like buying a building or some computers. (im not going to go into goodwill because i am afraid that will go way over your head.) you will hopefully agree that the gap between the market cap of a company like cnet and how many computers and sq ft of space they own is pretty irrelevant.

further, for companies were book value is a better representation of actual market value of assets, then the relevant comparison would be Enterprise value, not market cap.

finally, comparing market cap and enterprise value is NOT useful (as you claim) because the “premium” that an acquirer would have to offer is completely independent of this difference. (it has to do ultimately with how competitive an acquisition it became and how the current owners of cnet – institutional and retail – and board played out the offer).

finally 2, if you are learning finance through investopedia then you are in bigger trouble than i thought:>

http://fakestev...er.blogspot.com

Go get job at Google!!! Stop arguing!!!

There are a handful of persistent offenders (Chris from BeerCo, a couple of passé Fake Xxxxs and the chap from Stanford with his FB course) who feel compelled to bombard virtually every post with the same dreary and crushingly inevitable deluge of trite and shameless attempts at self publicity.

Simple steps taken to militate against the ruinous actions of a tenacious minority would make it a significantly more comfortable place for the rest of us.

I dont see why you thought it was necesary to apologize even if this was meant to be a solicitation. If the “Crunch” properties are seem as a good fit, meaning,

1. you have a clear stategy.
2. revenue model
3. very good growth
4. good leadership
5. good cash flow.

Then why not?

When you come this time, please don’t forget the fortune cookies. Last time my desert was a wash because of your bad service. Oh, and I want FORKS this time.

P.S. @22, @24… Stop talking to yourself.

http://www.inve...rprisevalue.asp

It is one way to measure a company’s takeover value. Assets, however, are determined by the book value of the current and long term assets on the balance sheet, which is a different calculation than enterprise value. When the gap between a company’s market cap and assets narrows, it becomes more attractive to takeover buyers. Similarly, comparing market cap and enterprise value is useful because it shows you what sort of premium an acquirer would have to offer.

@everyone else, no this was not meant to be a solicitation to buy TechCrunch, which is a moot point if they are going to use the money to buy their own stock. We’ll learn soon enough if I was right about the buyback.

I am an attention whore!

We’re not paying business class for anybody. You’re a jerk. My offer was for coach travel.
Am I so famous now that I have impersonators?
I am a really good programmer…. hmmm…..
OK, fanboi, wanna buy a tshirt and mug? Damn, we’re so hot, I’m going to have to start selling merch.

Seriously CNET – I’ll pay for a (business class) plane ticket and the holiday inn has a sweet buffet in the morning (if you get up by 9:30 am)

Kewl.