"Ten years after taking over as Microsoft president - and eight years after replacing Bill Gates as chief exec - Ballmer has told The Wall St Journal that impatience prevented Microsoft from pursuing a Google-like paid search business back in 1999."
http://www.theregister.co.uk/2009/01/16/ballmer_patience_internet/
It's not too late Steve! Buy Blinkx and become the leading video search player in the world! Leapfrog Google!
I reckon any serious purchaser could get Blinkx for around 60p a share. Those investors that got in at the IPO at 45p - I bet most of their other investments are totally underwater. If Microsoft (or Google, or Yahoo - or indeed Rupert Murdoch) offered them a chance to crystallise a c30% gain after only 18 months they'd jump at the chance. Sure they might get more if they held on longer - but it's an uncertain world so then again they may not. The - apparently - amateur, bungling way that Blinkx has handled the Miva approach shows that the Blinkx management team aren't quite as Godlike as their more ardent cheerleaders would have us believe: it is by no means guaranteed that Blinkx are going to make it to mega-profitability.
In the current environment cash is king - cash now as opposed to maybe more cash in the future. Mr Ballmer should reflect on that...
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