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Time for Zynga
<p>Has anyone thought about taking a position in Zynga
after the blowup today? A guy I work with was telling me that
they have something like $1.50 in cash/assets and are actually cash
flow (EBITDA) positive. His thought was that in the low $2
you are essentially getting the business for free.</p>
<p>I was/am so jaded by memories of the company being
terrible that I need to take another look at it--my quick thought
was it is a crappy company, but maybe there is something to it
(especially if King or a publisher thought about taking them out
for synergy purposes).</p>
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