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Dog. All right, what everyone is talking about, a big deal. Google is selling its motorola handset business less than two years after buying it. They agreed to sell it for lenovo for just under 3 billion. Remember, google bought them for 12. 4 billion. Hold on a second. 2. 9s now selling for billion dollars. That sounds like a huge loss. Sold thehas already settop box business but would keep some of the patents, some 2000 patents and the trademark portfolio all going over to lenovo. Ok, there are some numbers over there. Does anybody have an envelope . At of the envelope, this is my personal stationary, and and theyre math, all all sorts of sources for this coming and we have got the 12 number. Take out cash. Take out settop, and there is the value of the patents. Got the taxe losses, carried forward, and here you have got the Cocktail Party in dominoes and all the other expenses, and you come out with actual profit. So what you a ....
Google is selling its motorola handset business less than two years after buying it. They agreed to sell it for lenovo for just under 3 billion. Remember, google bought them for 12. 4 billion. Hold on a second. It is now selling for 2. 9 billion dollars. That sounds like a huge loss. Hubel has already sold the settop box business but would keep some of the patents, some 2000 patents and the trademark portfolio all going over to lenovo. Ok, there are some numbers over there. Does anybody have an envelope . At of the envelope, this is my personal stationary, and there is the math, and theyre all sorts of sources for this coming and we have got the 12 number. Take out cash. Take out settop, and there is the value of the patents. Then you have got the tax losses, carried forward, and here you have got the Cocktail Party in dominoes and all the other expenses, and you come out with actual profit. So what you are saying is that google d ....
Vaulting. 57 . Nasdaq declined. Apple declined. Therefore, its taken the nasdaq down. Was Larry Summers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that Larry Summers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock prices here is, washington. The war between the president and republicans drains everyone. Business gets crushed in the crossfire every time there is a player partnership. Today when the president spoke, he admitted the economy took a real hit two years ago during the debt downgrade wrangling. We know the fiscal cliff discussion put business square on its back. We saw a return to good growth and then the sequester stalled ....
Apple declined. Therefore, its taken the nasdaq down. Was larry somers that horrendous for stocks . Could he actually matter that much . No, but he sure is a catalyst. Let me give you the setup and the reasons why the market loved the fact that larry somers is absolutely not going to be the next Federal Reserve chair. The only thing that stands in the way of higher stock proprietary prices here is, watch, the war between the president and republicans drains everyone. Business gets crushed in the crossfire every time there is a player partnership. Today when the president spoke, he admitted the economy took a real hit two years ago during the debt downgrade wrangling. We know the fiscal cliff discussion put business square on its back. We saw a return to good growth and then the sequester stalled the economy again. This linkage is amazing and it is so abysmal that we all know we have to sell when the president and congress are log ....