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Forums » Microsoft Rescinds Yahoo Offer » Whom is undesirable to whom?
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Yahoo shareholders! Here's lots more cash than you're worth! »
« I will dump yahoo if they get bought out.  
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mig
Premium,MVM
join:2000-10-26
Anytown, USA
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reply to ShadowMastr
Re: Whom is undesirable to whom?

Actually, it won't be working out so well for Yahoo. Their share price was $19.18 on Jan 31. The following day they closed at $28.38 after the MS offer (a 48% increase).

In the 3 months since, Yahoo's board has tried everything to get that share price to $41.00. It won't work. They couldn't get AT&T, News Corp, Time Warner, or any others to get involved to boost MS offer.

No need for MS to get into a proxy fight now. Wait until the opening bell tomorrow. Their price should drop back to about $15-20 a share in the next month. Don't be surprised to see it close around $23 on Monday. And guess who'll be right there to be buying those shares up? It won't be Yahoo.

I'm not a huge MS fan, but my goodness, what in the world is Jerry Yang and Yahoo's board thinking? Zero growth, a P/E in the upper 30's. A huge miscalculation, especially for Yahoo shareholders.

Still think MS gets them eventually - and maybe less than $31 a share too.


Jim Gurd
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join:2000-07-08
Plymouth, MI
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said by mig See Profile :

No need for MS to get into a proxy fight now. Wait until the opening bell tomorrow. Their price should drop back to about $15-20 a share in the next month. Don't be surprised to see it close around $23 on Monday. And guess who'll be right there to be buying those shares up? It won't be Yahoo.

Still think MS gets them eventually - and maybe less than $31 a share too.
I think that's exactly what's going to happen. Microsoft will wait for Yahoo stock to plunge and then start accumulating it at a bargain price. Eventually they will have a controlling interest and be able to do whatever they want.

Personally I think Microsoft is foolish for even looking at Yahoo. It really offers them nothing that they can't do on their own. Yahoo is an also ran in the search engine category just like MSN Live is. Google is King and Microsoft buying Yahoo will do nothing to change that.
--
Calling an illegal alien an undocumented worker is like calling a crack dealer an unlicensed pharmacist.
Forums » Microsoft Rescinds Yahoo OfferYahoo shareholders! Here's lots more cash than you're worth! »
« I will dump yahoo if they get bought out.  


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