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[IP] anti-gripe about Skype purchase





Begin forwarded message:

From: Andrew Lippman <lip@xxxxxxxxxxxxx>
Date: September 20, 2005 2:04:15 PM EDT
To: dave@xxxxxxxxxx
Cc: "David P. Reed" <dpreed@xxxxxxxx>
Subject: anti-gripe about Skype purchase


Every increase in the value or valuation of Skype or equivalent is a decrease in the value of the telecoms. That's the message of the Skype purchase, and it's good news for us. The next buyout will be even larger.

andy lippman



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