Top 2%

shlomi

Microsoft, Yahoo talks intensify

Started May 02 at 4:18 ET (By shlomi)

Symbols: YHOO, MSFT

I guse the YHOO bet I took, on Mar 25 is starting to prove it self ;-)

http://www.ma​rketguru.com/o​pinions/buying​-yhoo/1002,315

Any thoughts regarding the near future?

5 Comments

Top 1%

guliamo

guliamo

May 03 at 5:28 ET

Hi compadre,
How exactly do you figure that it's paid off.. YHOO isn't advancing and I in my opinion, MSFT won't bid too much higher.. in the meantime Yahoo is destroying it's reputation, kissing up to Google and offering that Google take over their search advertising.. they paid 6 billion for overture.. how do you think advertisiers will react when Yahoo search is managed by Google... not a good sign if you ask me.

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Kohalza

Kohalza

May 03 at 7:51 ET

None of this matters if the Microsoft takeover goes through - share price will leap.

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PavelR

PavelR

May 04 at 3:29 ET

The company managed to fend off Microsoft’s unwanted advances, even after the software giant sweetened its bid by $5 billion — an amount Yahoo felt still wasn’t enough. It’s hard not to read that sentiment into the company’s statement on Saturday, in which chief executive Jerry Yang describes the Microsoft drama as a “distraction.”

http://deal​book.blogs.n​ytimes.com/2​008/05/03/gu​essing-yahoo​s-opening-st​ock-price/?r​ef=technology

The question now is By how much will its stock drop when the markets open on Monday?

Top 2%

arawak

arawak

May 04 at 11:25 ET

YHOO traded at 19.15 prior to the MSFT bid. I would guess a retraction to 23 is reasonable.

Top 1%

verushka1

verushka1

Jun 03 at 6:14 ET

Yes, down , down , down. Yahoo screwed themselves. Maybe Carl Ichan can squeeze a few points out of this dinosaur. He is known to be a magician.

Steve Ballmer is hard to do business with. Two Yiddlach's butting heads.

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