JS_Harris - 2:33 am on Sep 28, 2007 (gmt 0)

It's valuation 2.0

- how much YOU can make from a project is more important than how much money it is making.
- how much YOU can improve your market share by absorbing the competition.
- how much your existing infrastructure can reduce the operating costs of the project itself.

A lot of things go into major purchase decisions, imagine if another company had snapped up a young Google... sometimes not buying the competition when you have a chance is bad news for the long term.

Time will tell.