Version: 2008

Comments on: Carl Icahn increases stake in Yahoo

Activist investor--and member of company's board--has bought up 7 million shares of Yahoo over the course of three days this week.

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by Mr. Dee November 28, 2008 10:04 AM PST
This guy is hoping for a miracle isn't he?
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by hutwarmer November 28, 2008 10:09 AM PST
well, i suppose over the next few months we will see Yahoo torn apart and sold off piece by piece.
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by Danthemand November 28, 2008 1:13 PM PST
well you can be sure something is fixing to happen. This guy either sees things happening or makes them happen. I think Hutwarmer's comment is probably the most likely because they are too large and diversified for anyone company to want them.
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by rootsmusic November 28, 2008 3:27 PM PST
Doesn't he also hold a significant stake in TWX stock?
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by Software Analyst November 28, 2008 6:25 PM PST
Sucks to be Yang.... with wrong move made in the deal and this kind of reputation...he is a bad poker player. Made the wrong call and now everyone dislikes him.

Lesson learned for Yang from his screw up on the deal. Don't be greedy. Now Icahn has the upper hand...
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by aka_tripleB November 28, 2008 9:25 PM PST
He only has 5% of the company after spending $700,000,000? He overpaid.
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by Joetwopointoh November 29, 2008 5:12 AM PST
The article states he's in it for nearly 7 million not 700 million.
by BlitzBoy1120 November 29, 2008 6:08 AM PST
I hope when Yang steps down, an innovative guy (not that Yang wasn't innovative) comes to power, because Yahoo needs something Google isn't getting.
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by BlitzBoy1120 November 29, 2008 6:09 AM PST
I hope when Yang steps down, an innovative guy (not that Yang wasn't innovative) comes to power, because Yahoo needs something Google isn't getting.
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by Seaspray0 November 30, 2008 8:58 AM PST
It was either buy stock in yahoo or that dead horse ranch. Tough decision.
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by ceehow November 30, 2008 11:02 PM PST
i hate this guy......he wines and complains about the stock price being too low for his liking so he goes out of his way to make sure that the company can't focus on making the product better but instead now has to fight off being taken over repeatedly. maybe if he left well enough alone they would be performing better. if you don't like how the company is performing you SELL your shares, not BUY more!!
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by bruceslog December 1, 2008 11:48 PM PST
I think he is privy to the new rumored Microsoft 20 BILLION dollar buyout of Yahoo's search.
Yahoo will dissolve without it's search, but the lil prick will have increased His bank balance... at everyone else's expense, of course.
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