Micro-boo! Yahoo is going to collapse on Monday, this is terrible news for shareholders of Yahoo. Oh well, I guess we won't see a Microhoo anytime soon.
There is at least $10 of overvalue in Yahoo's stock right now, all from people expecting to make a little money over the buyout. After all Yahoo was trading at 3 year lows before the MS announcement.
I would expect it to go back to $20-$23 range EOW.
If you were smart you would sell and then only buy again if you really have to have a piece of a declining internet company sandwiched between two behemoths willing to spend themselves out of existence to win the web.
That's just America. In Japan their share price is twice that and going up. Worst that could happen now is that Japan becomes headquarters instead of America (and that gets Softbank's foot in the door of the US market, whether it be for internet or for cellphones- bring it).
It might be worth it to pick up Yahoo at $2 per share, but at $33, this deal would seriously hurt MS by depleting its reserves and send it's stock down. MS fans, Xbox 360 fans etc. should be glad this deal won't go through at $33 or more per share. And really, all of America should be glad it won't at that price. Imagine the economic mess this country would be in if MS collapsed and thousands of its employees were laid off. MS should have been focusing on spending money on getting studios to support HD DVD and in turn it's Xbox/Vista Media Center platforms and dealing a knock-out blow to Sony -- something that would have directly benefited MS Xbox and Vista customers. Gates and Ballmer need to get over the fact they lost the Internet search engine battle years ago by not looking at what was needed by Internet users at the time. Now it's time to focus on improving Vista and getting Windows 7 out on time with new, compelling features "Killer aps" that will give people a real reason to buy rather than Ultimate this and that. How about streaming DVDs/HD DVDs make that BluRays with Java encryption DRM (sorry MS, but Java's what you'll have to make work now that you let HD DVD die) from changers/stripped to hard drives and on to Xbox media extenders huh MS? Don't count on Internet downloads being the way to go. Internet connections fast enough to allow on demand services like IPTV on the Xbox (which hasn't been seen in the real-world yet) are not afforable and won't be for years. I could go on...
$2.00 Yeah right!!!! a lot of people are looking real dumb now after saying over & over that this was a done deal. You just don't walk to your neighbors & tell them your worth $40B, move out. Yahoo had a a good quarter but, i also believe is going to go down to the lower $20s but it will double by the year end, my opinion.
@Shmoe excellent point Shmoe. I don't know if Microsoft is too big to look down and see it's own toes or that they think there so ahead of the game that they don't need to look back and see what ppl want. Internet rentals of DVD and TV shows will kill sonys blueray we all know this, but thats some time off. What I believe MS needs is a set top box like that of popcornHout for those who don't have an XBox 360, and allow it do a bit more such as streaming or download dvd's and TV shows. They time to look pass the fact that they lost the internet search business.
Yahoo will was going down and will continue in that direction, MS may still get there hands on it and if they do it may be for even less that there 40Billion dollar offer.
I did believe this deal was a done deal and I did buy stocks in the company thinking it would be a good idea, now its time to sell and there will be lots of others like me, sory yahoo.
Brosef, when the bid first came in that spectacular morning you should have sold it then, because that is the highest price Yahoo's shares will be for some time.
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Yahoo stock = $2.00 Monday morning.
Yahoo is currently above $28.00 a share.
And its been steadily increasing over the last 5 years. I own shares in Yahoo so I was suprised to see you say $2
Just hope you're not surprised that it's not 28.00 on Monday.
Micro-boo! Yahoo is going to collapse on Monday, this is terrible news for shareholders of Yahoo. Oh well, I guess we won't see a Microhoo anytime soon.
There is at least $10 of overvalue in Yahoo's stock right now, all from people expecting to make a little money over the buyout. After all Yahoo was trading at 3 year lows before the MS announcement.
I would expect it to go back to $20-$23 range EOW.
If you were smart you would sell and then only buy again if you really have to have a piece of a declining internet company sandwiched between two behemoths willing to spend themselves out of existence to win the web.
Yahoo just pissed in someones punch bowl.
This is going to give Yahoo a shit load of clout. They just did what nobody else has ever done, told Microsoft "NO!".
Nice!
Short coming from Microsoft = Priceless
That's just America. In Japan their share price is twice that and going up. Worst that could happen now is that Japan becomes headquarters instead of America (and that gets Softbank's foot in the door of the US market, whether it be for internet or for cellphones- bring it).
It might be worth it to pick up Yahoo at $2 per share, but at $33, this deal would seriously hurt MS by depleting its reserves and send it's stock down. MS fans, Xbox 360 fans etc. should be glad this deal won't go through at $33 or more per share. And really, all of America should be glad it won't at that price. Imagine the economic mess this country would be in if MS collapsed and thousands of its employees were laid off. MS should have been focusing on spending money on getting studios to support HD DVD and in turn it's Xbox/Vista Media Center platforms and dealing a knock-out blow to Sony -- something that would have directly benefited MS Xbox and Vista customers. Gates and Ballmer need to get over the fact they lost the Internet search engine battle years ago by not looking at what was needed by Internet users at the time. Now it's time to focus on improving Vista and getting Windows 7 out on time with new, compelling features "Killer aps" that will give people a real reason to buy rather than Ultimate this and that. How about streaming DVDs/HD DVDs make that BluRays with Java encryption DRM (sorry MS, but Java's what you'll have to make work now that you let HD DVD die) from changers/stripped to hard drives and on to Xbox media extenders huh MS? Don't count on Internet downloads being the way to go. Internet connections fast enough to allow on demand services like IPTV on the Xbox (which hasn't been seen in the real-world yet) are not afforable and won't be for years. I could go on...
$2.00 Yeah right!!!! a lot of people are looking real dumb now after saying over & over that this was a done deal. You just don't walk to your neighbors & tell them your worth $40B, move out. Yahoo had a a good quarter but, i also believe is going to go down to the lower $20s but it will double by the year end, my opinion.
lol
HAHAHAHAHAHA
"pubic response"...thanks for making my Sunday morning, Engadget.
@Shmoe
excellent point Shmoe.
I don't know if Microsoft is too big to look down and see it's own toes or that they think there so ahead of the game that they don't need to look back and see what ppl want.
Internet rentals of DVD and TV shows will kill sonys blueray we all know this, but thats some time off.
What I believe MS needs is a set top box like that of popcornHout for those who don't have an XBox 360, and allow it do a bit more such as streaming or download dvd's and TV shows.
They time to look pass the fact that they lost the internet search business.
Yahoo will was going down and will continue in that direction, MS may still get there hands on it and if they do it may be for even less that there 40Billion dollar offer.
I did believe this deal was a done deal and I did buy stocks in the company thinking it would be a good idea, now its time to sell and there will be lots of others like me, sory yahoo.
"Internet rentals of DVD and TV shows will kill sonys blueray we all know this"
Ummm....no. There is a market for High Def content and the internet isn't ready for download of High Def content and won't be for a long while.
@Flashpoint
Brosef, when the bid first came in that spectacular morning you should have sold it then, because that is the highest price Yahoo's shares will be for some time.
Fred....What in the world were you smoking or thinking. YHOO is trading above 25! Don't have a clue do you......