| Yahoo CEO Faces Rebellion Like I said, the implosion is beginning, already. This will be the biggest cluster short of the AOL/Time Warner merger.
»www.msnbc.msn.com/id/24455856/ |
|
| Yahoo stock down 20% in pre-market open. Analysts are betting in will go down 25% before the day is over. |
|
 migPremium,MVM
join:2000-10-26
Anytown, USA | Stock down only 15% (only?), as of about 10:30am. Most of those buying are most likely the nervous ones covering their shorts.
I won't be surprised to see this stock down to around $22-23 by the end of the week.
That and Jerry Yang and the board facing numerous shareholder lawsuits.
Brilliant strategy MS.
And for those who were stating good for Yahoo standing up for their employees, remember, most of those employees retirement is tied to Yahoo share price. Nothing like watching your 401K drop 15-20% in one day. Then wait for Yahoo to begin the layoffs. You realize that MS would be taking on many of the Yahoo employees, it's the board and CEO worried about their place in MS.
You want to see a real meltdown? Try reading Yahoo's financial message board. |
|
 tshirtPremium,MVM
join:2004-07-11
Snohomish, WA
kudos:3
 ·Comcast
| said by mig:Stock down only 15% (only?), as of about 10:30am. Most of those buying are most likely the nervous ones covering their shorts. So far, Most analysts don't expect to see the run up in price disappear overnight, but Unless Yang( or the board) can find golden knight, some incredibly optimistic benifactor very quickly, I see it a 50% of fridays value within a couple months.
If MS wants the employees they've got $50B to spare now, they could station headhunters outside every exit at Yahoo with briefcases full of cash "$100k signing bonus, and if you bring people with you get another $10-25k a head" |
|
| Funny how over the weekend and even as late as earlier in the day they were predicting that most of the price increase since the deal was conceived would be gone. Seeing that only 15% of that came into play today they are now changing their tune. Analysts...sounds more like psychics on some hotline trying to make it look like they know something. |
|
migPremium,MVM
join:2000-10-26
Anytown, USA | 2 reasons why it only lost 15% today -
1. Sentiment is still there that MS will come back into the picture and that the price will go for $31-33 per share. One that I happen to agree with. But it won't happen for at least another 2-3 months. Yahoo is about to call for board and CEO elections probably within the next week, due to so many shareholders now filing suit against Jerry Yang and the board.
2. Wonder who's buying those decreased shares today at $23-24 a share? MS or proxies of theirs. Wouldn't be surprised to see Jerry Yang buying to keep the price from really dropping. The question is will it work for the next 2-3 months. I doubt it.
Don't think that Yahoo's cozying up to Google is gonna last. The DOJ is already investigating them both for anti-trust violations.
It doesn't take analysts or psychics to see Yahoo's board took a big gamble, that didn't work. They'll be lucky if they get MS to come back with a $31-33 bid. |
|
1 edit | Reasons or not, analysts were guessing as always. Not to mention that Yahoo! also outdid the expectations and even forecasts in Q1, so where were the analysts on that one. In the end, it's not as simple or cut dry as many are trying to make it look like--things are not nearly as bad or as good as those on the extremes or close to the extremes try make them look to be. Time will tell, and with time there's a whole lot that can and will go into it all, as it did during the months that the "offer" was being "offered". |
|
|
|
