13
April
2006
|
18:03 PM
America/Los_Angeles

I'd love to buy the San Jose Mercury . . .

By Tom Foremski for SiliconValleyWatcher


Paper-Into-Cash.jpgI would love to buy the San Jose Mercury if it's still for sale. I know *exactly* what to do with it, how to turn into a superbly profitable cash printing laughing-to-the-bank golden-goose machine.


Maybe I could buy it for $1 and be paid $66m as when the Hearst Corporation did in 2000 when it divested its San Francisco Examiner as part of its acquisition of the San Francisco Chronicle.


And they should sell it to me because I know the secret formula. Well, it is secret for about the next 18 months to two years. All secret formulas, just like all great ideas, eventually become obvious to all. But a two year window is nothing to be sneezed at, although you could try :-)