Re: Over-paid ...
Looking at the Red Hat numbers, I would not want to be an existing IBM share-holder this morning; both companies missing market expectations and in need of each other to get out of the rut.
RH missing market expectations? RH had made reasonable projections, and in fact *exceeded* those projections. They didn't over-estimate and then fail to meet their targets. The market only thinks RH didn't "meet expectations" because they didn't exceed their projections by the percentage the market thought they should have.
Something's wrong when you do *more* than you said you would, and people *still* complain you didn't do enough.