said by fAcEtIOUs:»
news.yahoo.com/s/nm/20060921/tc_···hoo_dc_3Media companies looking to acquire Internet sensations YouTube and Facebook would need to take a "big leap of faith" to pay current valuations on the takeover targets, Time Warner Inc's boss was quoted as saying in an interview.
Will Yahoo pay $1 billion for a site to sell more of its ads?
He's probably right in the sense that the dot.com bubble burst is still fresh in peoples' minds. But I think it's a hoot that the guy coming with the "leap of faith" comment is some cat who works for a company that bought AOL for how many billion?