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Old 08-09-2010, 09:35 PM
  #44931  
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Originally Posted by Nosmo King
The new Droid 2 will probably start shipping later this week (rumors say 12 Aug) for $199 w/ 2yr contract. It will be the first phone to shipe with 2.2 (Froyo) installed.

Verizon was running a BOGO on the original Droid at $149 to get rid of stock and its apparently now out of stock online.

Basically an improved version of the original Droid but not as nice as HTC Evo. I want one.
Though I love my Android, at least with the iPhone you can check your schedule on iCrew. Android and iCrew don't mix. Still hoping something will come along so I don't have to tote my computer everywhere.

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Old 08-09-2010, 09:46 PM
  #44932  
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FWIW the new Droid and HTC phones don't allow you to tether or do a virtual hotspot unless you pay Verizon a $29/mo fee in addition to the $29/mo data package.

I'm thinking of turning into a minimalist and ditching the phone altogether. I thought I was crazy when my cell phone bill was $39 per month. Smartphones, data packages, texting, tethering, family plans, etc. etc. etc.....some people are paying cell phone bills that approaching 1/4 of their mortgage payments!
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Old 08-10-2010, 04:34 AM
  #44933  
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Originally Posted by RockyBoy
FWIW the new Droid and HTC phones don't allow you to tether or do a virtual hotspot unless you pay Verizon a $29/mo fee in addition to the $29/mo data package.
...or get the app that allows for unlimited data trfr and numerous tethering FOR FREE!
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Old 08-10-2010, 04:45 AM
  #44934  
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I thought I had inadvertantly logged into Geek World Forum
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Old 08-10-2010, 04:48 AM
  #44935  
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Hey you finanical wizards, how much would it cost to buy Delta?

Just curious. There is a certain regional airline group that likes to say "we have enough money to buy Delta!"

I see we have an enterprise value as of this morning of $20.75B. But I guess if our stock price is $12 and there are 789M outstanding shares to wrestle 51% would cost you around $5B. Thats of course if the price doesn't run up do to merger talks.

I'm only seeing this said regional as having a $719M cash on hand. Is that enough?

I've never bought a major company before so I don't know how this works...
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Old 08-10-2010, 04:53 AM
  #44936  
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Originally Posted by forgot to bid
Hey you finanical wizards, how much would it cost to buy Delta?

Just curious. There is a certain regional airline group that likes to say "we have enough money to buy Delta!"

I see we have an enterprise value as of this morning of $20.75B. But I guess if our stock price is $12 and there are 789M outstanding shares to wrestle 51% would cost you around $5B. Thats of course if the price doesn't run up do to merger talks.

I'm only seeing this said regional as having a $719M cash on hand. Is that enough?

I've never bought a major company before so I don't know how this works...
Maybe they are thinking some sort of leveraged buy-out, Gordon Gecko style. I don't know enough about that stuff either.

Here's what Wikipedia says:
A leveraged buyout (or LBO, or highly-leveraged transaction (HLT), or "bootstrap" transaction) occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverageborrowing). The assets of the acquired company are used as collateral for the borrowed capital, sometimes with assets of the acquiring company. Typically, leveraged buyout uses a combination of various debt instruments from bank and debt capital markets. The bonds or other paper issued for leveraged buyouts are commonly considered not to be investment grade[1] ( because of the significant risks involved.
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Old 08-10-2010, 04:58 AM
  #44937  
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..................................

Last edited by forgot to bid; 08-10-2010 at 05:23 AM.
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Old 08-10-2010, 05:00 AM
  #44938  
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Originally Posted by iaflyer
Maybe they are thinking some sort of leveraged buy-out, Gordon Gecko style. I don't know enough about that stuff either.

Here's what Wikipedia says:
A leveraged buyout (or LBO, or highly-leveraged transaction (HLT), or "bootstrap" transaction) occurs when an investor, typically financial sponsor, acquires a controlling interest in a company's equity and where a significant percentage of the purchase price is financed through leverageborrowing). The assets of the acquired company are used as collateral for the borrowed capital, sometimes with assets of the acquiring company. Typically, leveraged buyout uses a combination of various debt instruments from bank and debt capital markets. The bonds or other paper issued for leveraged buyouts are commonly considered not to be investment grade[1] ( because of the significant risks involved.
I guess that could work. But it kind of shoots down the notion that they have enough cash to buy DAL if you have to go all Gordon Gecko on the place... who btw, is back. Saw the preview when I went to go see Inception- which I HIGHLY recommend seeing at a threatre with the big screen and sound system.
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Old 08-10-2010, 05:01 AM
  #44939  
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Originally Posted by ranger3484
Though I love my Android, at least with the iPhone you can check your schedule on iCrew. Android and iCrew don't mix. Still hoping something will come along so I don't have to tote my computer everywhere.

ranger
Some functions on Icrew work with the android but you can't view your schedule. The problem is not the android phone but the browsers available. In Oct the Firefox for Android browswer should be coming out and will fix the problem. I have a pre beta version on my phone and I really like it and will use it as my main browser when the final version is released. The pre beta version is for a android phone with a hard keyboard so is not usable for most functions.
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Old 08-10-2010, 05:03 AM
  #44940  
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Originally Posted by forgot to bid
Hey you finanical wizards, how much would it cost to buy Delta?

Just curious. There is a certain regional airline group that likes to say "we have enough money to buy Delta!"

I see we have an enterprise value as of this morning of $20.75B. But I guess if our stock price is $12 and there are 789M outstanding shares to wrestle 51% would cost you around $5B. Thats of course if the price doesn't run up do to merger talks.

I'm only seeing this said regional as having a $719M cash on hand. Is that enough?

I've never bought a major company before so I don't know how this works...
Al Chechi bought NWA for 4Billion$$ in 1990 in a LBO using less than $400,000 of his and 3 other robber barons money

Took a company with zero debt....owning most of their planes to a highly leveredged company with 4 billion dollars debt overnite, and eventual BK

So yes any company can buy DAL. Qustion is, is the financial market available to finance the LBO?
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