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Well, although I think the mySpace deal is crazy, it's at least somewhat attainable. Murdoch has a bit of a history though of making bad moves in tech. He was nailed on Gemstar. Compared to the $11B he lost then, mySpace is peanuts.

The money being talked about though for Facebook and others cannot possibly be recovered though unless a number of stars align, and that's too much for me. ;-)



http://blogs.zdnet.com/BTL/?p=5899

Still think it's crazy?


Yes, actually. Forecasts mean little, real numbers and perhaps I'll moderate my opinion.

He's projecting 60% ish growth.




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