At 8/29/03 12:49 PM, Alan Hutchison wrote:
>In the period of time that I have been at Tucows, the rumor mill has
>periodically conjured up theories about who is buying whom. This is just
>the latest twist in an ongoing trend. I think that the situation is best
>summed up by the comment by Chris below.
And of course, the last time this came up it was also dismissed as mere
silly rumor, and of course, nothing happened. End of story.
On a presumably unrelated note, the Tucows second quarter financial
statement press release[1] contains:
"These gains were partially offset by $566,000 in expenses for
professional fees and costs related to the evaluation of strategic
alternatives. The company has concluded not to proceed with these
alternatives."
Spending over half a million dollars on professional fees to "evaluate
strategic alternatives" certainly made me think of due diligence for an
acquisition when I first read it. But Tucows pretty clearly implied there
was no basis whatsoever to the rumor on this list, so I'm obviously
completely wrong.
(Although in that case, as a stockholder I am curious what project Tucows
spent half a million dollars just to evaluate, then abandoned....)
Ah, speculation is fun, isn't it?!
[1]
http://resellers.tucows.com/about/press/abc_viewPressReleasesPy?ID=press55&
year=2003&ACTION=View
-- Robert L Mathews, Tiger Technologies"He was an embittered atheist (the sort of atheist who does not so much disbelieve in God as personally dislike Him), and took a sort of pleasure in thinking that human affairs would never improve." -Orwell
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