Investor says Microsoft's Yahoo offer high enough

Money manager who owns about a million shares of Microsoft is urging the company to resist pressure to raise its offer.

The story "Investor says Microsoft's Yahoo offer high enough" published February 13, 2008 at 1:31 AM is no longer available on CNET News.

Content from Reuters expires after 30 days.

[Penguinisto]

In other words...

(obviously paraphrased):

"Dear Microsoft: Your stock price is dropping like a rock! do you realize how much money I lost already from holding 1 million shares of your stock, all because of you're CEO's planet-sized ego!? Please! Stop offering them more money or I'm liable to go broke!"

(meanwhile, as millions of day-traders continue to short MSFT stock...)

/P

[J. Blow]

MILLIONS of Day Traders?

I'm sure there aren't millions of day traders or even a few hundred thousand. And if they are shorting MS that's their own stupidity. The fact of the matter is MSFT can buy Yahoo on about 9 months of NET profit so it is hardly expensive for them and the reality is, at least today that they are only continuing to increase their revenues and profits.

[Vegaman_Dan]

Putting words in others's mouths

Why use other words when the article was pretty clear the way it was written?

Another attempt to dispute reality, it would appear. Contrary to your apparent wishes, Microsoft is actually a very profitable company and they must be doing something right if their stock keeps going up over the long term.

Day-traders don't even enter into the equation of any realistic discussion for a company's value.

[Seaspray0]

You mean "In your words"

But you don't own 1 million shares of microsoft stock which is why you are relegated to a post on the article about someone who actually does. Guess which one carries more weight?

[JCPayne]

FOX/NEWS CORP. IS BIDDING FOR YAHOO NOW.

HAHAHAHAHAHAHAHAHAHAHAHA @ MICROSOFT...


BREAKING NEWS:Yahoo! in talks with News Corp. (AP)
http://news.yahoo.com/s/ap/microsoft_yahoo;_ylt=AqE.7Tz6a0tu1QMaFsAJ6b5k24cA

[Vegaman_Dan]

Interesting development

Yahoo is courting News Corp to bolster the value of their company which is currently worth less than the MS offer. Murdoch is already on record saying he only wants a business partnership and has no interest in mergers or buying the company. They want an internet portal site and the possibility of linking MySpace to it.

Sounds like a way to try to prop up the value of the company to make it more marketable, perhaps to attract other buyers than Microsoft.

It should be interesting to see how this affects things. It could be quite good, too little too late, or worse of all- MS decides not to buy Yahoo! and they are stuck with a limited partnership with Murdoch who then pulls out leaving them worse off than they started.

Good catch on that news tidbit!

[fred dunn]

Good, I hope they buy it. That will save MS...

from going down in value with Yahoo.

[WJeansonne]

I agree. The stock is worth much less than MS's offer.

Yahoo is scrambling now to find someone to help prop up its failing business before Microsoft does it for them. Lots of luck, Yang!

[cswor]

failures

since ms is considering buying yahoo, i'd assume that implies that they feel some degree of failure in their attempt to compete with google. only ms can make a decision regarding how much yahoo may be worth to them in their competitive efforts.

[Info_Max]

Forget Google or Yahoo, check out Anoox for best search engine value.

Because AnooX is fundamentally better for these reasons:
1- AnooX search results are are Democratically powered by the Knowledge of the People, what is called the "Wisdom of the Crowds".
2- Cost of Advertising on AnooX is much lower since AnooX is "not-profit-motivated".
3- AnooX is operated on an Open & decentralized model

In summary AnooX is doing for search engine business what MySQL did for database, which means to open it up and to greatly reduce the cost for small businesses. You can check them out here: www.anoox.com

I give you example of our small web site development company, we have SAVED about $12,000 in search engine Advertising over the last 12 months since we started Advertising on Anoox and our sales have gone up slightly too. Good for us, Bad for Google share holders, Go Anoox :)

P.S., For sake of full disclosure we benefit from Anoox as Advertiser, as Affiliate and get free chat room from them as well as use their free news Blog.

[fred dunn]

Agreed, but now I think they should walk away

From this deal altogether. At the time it may have been a company worth saving but with the board laying off people and with Yahoo's aging infrastructure I think MS could find better.

Or better yet just market MS current services better and build more datacenters to support the growth. MS Live will work if you make people aware of it but the only ones that are aware are the Geeks (and I don't use that as a put down, as I am one).

Get the general public to see MS Live and improve sources of multimedia content.

[as901]

It is lose-lose for Microsoft!

If Microsoft does not up the amount, it is over. If they do, they may overstretch themselves and go under! I am rooting for Microsoft to over stretch themselves and go under. Without a Microsoft, computers will be far more stable. Programmers will be able to make money off their work rather than have Microsoft give a clone away, for free, to drive them under.

In other words, a world without Microsoft would have more innovation, stable systems, fair copyright laws rather then money driven and bribed for laws that stifle innovation and internet standards!!

The net might finally have one standard, and programmers would have access to info they need to write stable programs.

Mark Heinemann