Version: 2008
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Comments on: Yahoo sets shareholders meeting for July 3--fireworks anticipated

Yahoo sets a 10-day deadline for any shareholder who wants to name a dissident director to run against Yahoo's board to step forward by the end of business on May 15.

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Oh Yahoo! shareholders!
by mayadanteamihan May 5, 2008 11:39 PM PDT
Did you really want the easy money over the future of Yahoo? Can't
you see that a Microsoft takeover would have meant the death of
Yahoo!? But who cares as long as you have $33 a share in your
pocket, huh?
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Why would there be fireworks?
by flemingho May 6, 2008 8:33 AM PDT
Anybody who already invested in Yahoo before MS tried to buy them out still have their shares. And more likely than not they were in it for the long term.

The only cry baby shareholders would be the day-traders that tried to cash in on the buzz. The smart ones would have made something if in fact Yahoo shares went slightly up during negotiations. The slow ones get what they risked for - too bad.
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accountability
by YankeePoodle May 6, 2008 9:52 AM PDT
The question is how long will it take Yahoo to reach $33. No the largest share-holders, financial institutions (I assume you know the difference between day-traders and institutions) are unhappy because for Yahoo to deliver that kind of value would take many years. Yahoo certainly did not think of Shareholders in this case. Yahoo has been lethargic in the last 6-8 years and I dont expect them to jump-start. Panama or OpenSocial or anyother trick is not going to improve Yahoo's chances.
Yahoo did the right thing!
by as901 May 7, 2008 5:22 AM PDT
Let us assume Yahoo stock holders got the sale. Let us assume that they sell their shares to Microsoft.

What then? Do they invest the profits of the sale? In what stock? Yahoo is a good investment. Why not keep the stock?

Many of my neighbors sold their homes for more than they paid. They were thrilled to make a "profit"! This drove prices up for all homes, and they ended up paying more for their new home than the price they got for their old homes. Now they have a larger morgage and their homes have dropped back down in value!

They now owe about 60 percent more than the house is worth! Had they kept the home they had in the first place, they would have less debt and a happy home.

Greed is the short term answer to anothers problem, but it often blinds us to logic!

Mark Heinemann
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