Quote:
Originally Posted by Xzibit
Look more into that. The POSSIBILITY of buy back of stocks are over a 10yr term if i remember right. Its in one of the conferance calls.
I dont see how pointing to there previous $1.46bil over 6yrs re-purchase of stock when your pointing out they have $3.4bil on hand.
Your saying they have the money but they wont or something else ?
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I knew I supplied too much information for you to parse -nothing unusual there.
It should be easy enough to follow. Nvidia used cash on hand to buy back a tranche of shares - This is IMMATERIAL other than the fact it demonstrates that NVIDIA HAS WORKING CAPITAL and made plans for its utilization.
Self explanatory for anyone smarter than a garden vegetable.
Quote:
Originally Posted by Xzibit
MS just had to have a majority of the shares hence it only needed 3.4bil to obtain
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Bullshit. How many months on and you still can't grasp a simple concept.
In the event of Nvidia looking for a buyer (AND THEY WERE NOT), Microsoft had
first option for
30% of Nvidia's shares- NOT A MAJORITY-
30%. Enough of a stake to trigger a takeover bid or block a takeover bid from another suitor.
All of this is a far cry from your assertion that Microsoft could have bought Nvidia for $3bn
Quote:
Originally Posted by Xzibit
Although last year Nvidia could have died if Microsoft pick up its option to purchase it for 3.4 . Nvidia wanted more and Microsoft didnt think it was worth it after 3 rounds of talks.
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Again, absolute bullshit. Microsoft were never offered the shares last year, and they certainly wouldn't have got Nvidia for 3.4bn if Nvidia have 3.4bn in cash on hand. You keep spewing garbage about non-existant "talks" to try to sound like some authority and justify a nonsensical argument based on you misinterpreting a news article
