QOTD

“It’s only been a few hours since Microsoft accounced it was buying the recently ranked #10 search engine Local.com, and and already the first example of corporate synergy has appeared. The Microsoft Deal buyout of Local.com Corporation (LOCM) at over a 100% premium is just shy of a $200 Million dollar deal, a real success for shareholders of LOCM which has increased from teh $3 range to over $5 by close of trading today.”

— Excerpt from the Bogus Local.com press release broadcast yesterday

“Local.com Corporation today commented that a false press release was issued that stated Local.com was being acquired by Microsoft. The company has not been acquired, nor is it in discussions with Microsoft about a potential acquisition.”

— Excerpt from a true company press release that followed it