Deep Jive Interests

I’m no stock analyst, but I do love an unsubstantiated rumour: is Rupert planning on flipping the web property he spent $650M on at a valuation 10x the asking price? Beats me (some educated folks say the valuation, is, and I think its a technical term here, “hokey”) — but other offering a metaphorical patting on the back, I’m not quite sure why he would tout out numbers like this and provide statements to the effect of “if it were to sell today”.

Does Mr. Murdock know we don’t?
In spite of the staggering dominance (or not), of MySpace in the social networking arena, are there tell-tale signs that no one is privvy to that make it a lame-duck investment in the long run? Have his diviners and tea-leaf readers discovered that its a difficult proposition to monetize effectively and quickly? Or that its full of spammers, stalkers and sexual predators? Or that trying to expand the brand the rest of the world would be a Pyrrhic attempt at best?

Who knows?  But it is fun to wonder. ;)