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Google Can't Pay Enough for YouTube

IANVS <siriusmo...@gmail.com>

By Jim Cramer, RealMoney.com Columnist, 10/6/2006 3:25 PM EDT

So, I get this great call on my radio show about whether I'm concerned
that Google (GOOG) might pay $1.5 billion for YouTube. You bet I'm
concerned.

I am concerned that someone else will come in and pay $2 billion. In
fact, I would like Google to pay $2 billion preemptively. I'd even be
willing to see the company pay $3 billion!

YouTube and Google could be game, set, match for the next generation of
viewers. You know that Google basically buys a network with no
production costs by buying YouTube. You hit up something you want to
learn about on Google, and it could direct you to text and some funky
or authoritative video made by a homegamer. Nothing could be as
exciting as that. I believe that this combination is lethal for the
networks. If I were running Viacom (VIA.B) , I could not afford to let
this happen.

If this deal happens this weekend, I believe that Google, which I have
said eventually will get to $500, will get there by year-end.

http://www.thestreet.com/p/_peprmjc/rmoney/jimcramerblog/10313637.html