Comments on: Yahoo's declining share price a drag on Icahn's proxy fight?

Stock drop could signal investors are less than thrilled with Microsoft's sweetened search-only buyout offer, a possible hurdle in Carl Icahn's efforts to oust Yahoo's board.

[Super2online]

Yahoo's declining stock price continues to support the notion that this company is in trouble despite the turn around plans of Yang and Decker. It takes a lot of fuel (wisdom, execution, timing, products and services) to produce enough steam pushing very hard in the right direction to slow down the momentum of decline and then finally turn it around in the other direction.

[BrianJStewart]

I'm not sure who are worse journalist desperately looking for a story or wall street analyst substituting pure speculation for actual analysis.

This really isn't a story nor sound financial or news analysis, rather it is pure speculation.

The reality is Yahoo! stock was rapidly declining (to levels even lower than today's closing price) way before Microsoft's first public proposal early this year. The only time it traded up in the past 18-24 months was when there was hope of a Microsoft deal of some kind. With a deal seemingly less likely, of course it will continue the downward trend.

The reason the stock continues to trade down, as Super2online mentions, is nothing has changed at Yahoo, there is no miraculous turnaround (at least not yet). Right now it is reactive management at its best and Yahoo will need to demonstrate results before price momentum turns around. As of now, it doesn't look promising because things seem to be getting worse and more desperate. $33 seems like a pretty good offer, no wonder Yang and company now say they would be willing to accept $33, which a few months a go "ridiculously undervalued Yahoo". If anything $33 seems too high with recent developments (continued market share declines, resigning to Google (or was that a partnership), mass exodus of talent....

[Sumatra-Bosch]

All true, but it's funny to hear stories of the Boy Fuhrer from Duncan Hines biting tires again in frustration over his masterful handling of the deal.

[jamalystic]

You just can't use this single instance to cry down the microsoft bid. Since Microsoft launched its bid for yahoo, the stock market has been very supportive by way of yahoo share going up. Even though i don't personal support this micro-yahoo deal, i think it's the growing uncertainty that the microsoft bid will not be successful that's causing this present decline in yahoo share: Why Microsoft Should Forego the Acquisitions Route(http://www.internetevolution.com/author.asp?section_id=625&doc_id=158193&F_src=flftwo)