"We believe the market will reward prudent acquisitions; the market wants this capital deployed to achieve growth".
But contrasting the money wasted over the years with the more prudent acquisitions provides a lesson and Smith's best hope: the price ticket isn't always the best guide to quality, even if it is fun to be flash in front of the neighbours.
[Openwave just] did a 3 million share, $100 million deal in instant messaging space because we viewed it as crucial to our business and so independent of the Wall Street view that it's not prudent to do acquisitions right now.
In October, Boeing chief executive, Jim Albaugh said 'we have a gap in generating intellectual property in the UK', and hinted that a 'prudent acquisition' was the most likely way forward.
For an illustration of how Microsoft could select targets more judiciously, Mr. Cusumano, who is a professor at the Sloan School of Management at the Massachusetts Institute of Technology, pointed to the Oracle Corporation's strategic acquisitions and its prudent use of capital to "roll up firms with similar products and customers to its own".
"Given the current state of the financial markets, we believe that it would not be prudent to continue to pursue the acquisition of Republic," David P. Steiner, Waste Management's chief executive, said in a statement.
Since the rate of finding potential high quality datasets within the literature and online websites is still high at this point, continuing these data acquisition methods would be prudent in filling in the gaps.
But Investors will need to decide whether these choices are due to prudent, careful operations or unsustainable, systemic customer acquisition conditions in more competitive categories such as men's and plus size fashions.
Acquisition of unenhanced images may be prudent in patients suspected of intra-abdominal hemorrhage.
While challenging an industry leader like YouTube isn't usually a prudent path to funding, doing so successfully through innovative technologies and user acquisition strategies can pay off.
While many countries, including the United States, did not sign up, the convention is effectively being implemented by international institutions and, increasingly, by prudent collectors and dealers, fearful that the legitimate ownership of their acquisitions may be challenged in the future.
