Version: 2008

Comments on: Report: Yahoo to reject Microsoft bid

The Net giant's board has decided to formally reject Redmond's offer, The Wall Street Journal says. Move could be an effort to get Microsoft to substantially hike its offer.

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They're not worth $40 a share
by bluerain44 February 9, 2008 9:54 AM PST
but Microsoft will probably pay it anyway.

MS has money, and they want to get on with attacking Google. I imagine that it'll end up at $36 a share.
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Price to plunge
by TomboSlicko February 9, 2008 12:43 PM PST
Watch the price Monday .. Yahoo will tank to 12 dollars a share and MSFT will start buying it up slowly. Yahoo is dead without this deal and they are playing hardball .. Too bad MSFT has plenty of time and money and Balmer now sees Yahoos stupidity will get him Yahoo even cheaper.
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Actually MS doesn't have the money
by rcrusoe February 9, 2008 12:57 PM PST
They've already said they will have to borrow at least $20B. They've
been spending a lot lately (buying back shares, paying off fines,
losing big on XBox and other non-Windows, non-Office projects,
etc)

IMO, it's starting to look like they are desperate to find another source of revenue since Windows/Office has no where to go but
down.
View all 2 replies
You're right... they're worth a lot more than that :)
by observer23 February 9, 2008 10:17 AM PST
This near death experience is finally forcing the hard choices that will make Yahoo a great company again. Thank you Microsoft for the kick in the arse.
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They were at $19 before the MSFT bid
by Dachi February 9, 2008 10:18 AM PST
If Yahoo is worth $40/share it is pretty clear that their own investors didn't think so a week ago.

I agree that this is probably a negotiating tactic. I think they are probably trying to get ~$35/share.
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and Apple was at $6 a decade back...
by observer23 February 9, 2008 10:37 AM PST
Shareholders aren't idiots, but they aren't always right either. Especially when it come to technology, where fortunes and rise and fall quite quickly. Yahoo is better off than Apple was at it's low... and if the board and executives have the drive to fight, then the tenor of the battle has already shifted.

No guarantees of course :)
I hope the merger doesn't happen...
by Jon N. February 9, 2008 10:44 AM PST
The reason I joined Yahoo for my e-mail/ISP needs, was because I didn't trust MSFT. When I first came online 4 yrs ago, I saw many complaining about their security, and their ISP through MSFT. Now, the same company I've tried to avoid dealing with concerning my ISP needs, might just be purchasing my ISP soon. Not good. If this buyout happens, I will have to find another ISP, and I have been quite satisfied with my AT&T/Yahoo ISP. My contract is up for renewal soon. If this is going to happen, I want it to happen soon. If not, then I hope that the final decision on their refusal to be taken over happens even sooner.
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trust MS?
by matthewmarcotte February 9, 2008 3:36 PM PST
It is a bit hard to criticize a company thats founder has chosen to give 95%+ of his personal wealth to charity.
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Can you hear the ship sinking...
by n3td3v February 9, 2008 11:09 AM PST
glug

glug

glug

rock bottom
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Agreed.
by Penguinisto February 9, 2008 11:46 PM PST
If we were to map Microsoft to RMS Titanic's timeline, this would be roughly 5 minutes after the iceberg struck.

That is, most folks heard something odd, but don't really know what it was, and aren't worried about it (yet). Only a small hand's count of the folks on board know what's really going on, and they're too busy trying to hide their fear in an attempt to keep everyone calm and upbeat.

Give it time. It'll dawn on everyone else soon enough, and no amount of channel-stuffing or dirty tricks will save them.

/P
Reason why they're doing this....
by JohnBarbagallo February 9, 2008 11:19 AM PST
My guess is that they've cut a deal with Google already and are just bolstering the price-per-share to warn off any problems with Microsoft. You're all right, they're not worth $40 a share, as Yahoo! has already seen their best days. The company is way past it's prime.
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Yahoo's stock price to plunge?
by john55440 February 9, 2008 12:24 PM PST
Perhaps Microsoft can just sit back, and watch Yahoo's stock price plunge.

Yahoo's management doesn't seem to have any credible turnaround strategy of it's own.
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Microsoft can cause it...
by Penguinisto February 10, 2008 10:35 PM PST
...but inflating a competitor's stock price with buyout talks then withdrawing quickly to cause it to plunge? Methinks that would buy MSFT at least a lawsuit, if not a governmental/SEC prosecution.

Microsoft can sit back all they want, but their own stock price took a pretty hard hit when they announced the buyout offer (coupled with the admission that they'll be buying on debt to do it).

/P
Fire the board
by J. Blow February 9, 2008 12:35 PM PST
This is a gift. Jerry Yang can't fix the company and the board can't hire decent management. They have become somewhat irrelevant and that's reality.

I think there should be a shareholder revolt and fire this obviously incompetent board. This is just plain ludicris huberous behavior that has no basis in reality.
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Not letting MS completely destroy them is bad? nt
by The_Decider February 9, 2008 1:56 PM PST
nt?
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Poison Pill
by mikalg February 10, 2008 4:36 PM PST
'Er..... that is not exactly as simple as you may like it to be. Yahoo has already, according to THIS story, adopted a "poison pill" policy to make this move extremely difficult by being SO expensive to start. Bad idea in any case for shareholders; watch the stock plummet as this coup is attempted. Also $40.00 a share? Not in this decade, or any other for that matter!
Expected
by MichiganDan February 9, 2008 12:36 PM PST
This is standard procedure - reject the first bid.

This will ensure that they can extract as much money from Microsoft as they can.

(No one would've expected them to accept the offer, not Steve Ballmer, not Yahoo shareholders, not the media, not the analysts)
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If Stock Plunge..
by Gunady February 9, 2008 8:04 PM PST
Then MS can buy cheaper or the same (but less option for Yahoo) as their original bid. But, I think they're not stupid, hope they come with a good strategy (something to do with Google?) to reject the offer to prevent the price fall below 1 digit.
Boy am I lucky
by mitrich February 9, 2008 1:40 PM PST
Boy, am I lucky that the MSFT offer came along and let me get out of the stock for Yahoo! with a triple instead od just under a double.

Now, I hope that MSFT just goes away. If they do get successful trying to buy this turkey, then I will have to dump MSFT before the wheels come off.
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I Love Yahoo/ I Hate Microsoft
by CHRIS MAC February 10, 2008 12:12 AM PST
Since I start learning about computers I discovered a simple thing about them. The worlwide monopoly giant wants to hurt Yahoo with its biddings. There is no doubt that Microsoft wants to take over Yahoo because they can match its popularity. I use Windows, but I really wish I could have other choice on the market different than Windows or Mac and there is none.I really wish that Yahoo could create its own Yahoo Operating System and that will be a complete turn over for the competition. No more threatens against them. When I got my first computer It was a Windows 3.1 then a windows 95, a 98, a Millenium, a XP and lately a Vista. I start hating Microsoft when I discovered that I couldn't use any of the previous software I obtained, everytime time I had to move to the next upgraded Windows version. I expended lots of money on software that I felt I never could use long enough. Recently checking on my version of Vista It does not accept any of my software that does not pass the Microsoft Certification Test. When I skip this window I choose "ignore" or "continue with the installation". The final result is a frozeen program with no working operability.
I read once that Microsoft post cookies that's monitoring everyone's computer use. When I try to turn off my Vista Computer it doesn't turn off automatically. It goes on a screen that says Installing upgrades. What kind of upgrades installation goes on and on and on every moment? The true is that these are the activities of hidden instructions built-in with the O.S. Writing logs of the dayly's computer use & sending to Microsoft Servers all types of activity use. And now with these double processor creation I'd found my laptop at the middle of the night behaving by its own fully connected through the Internet. And I could continue telling about to what happen to my friends but It'll be endless. As a final comment from my own point of view to all Yahoos, I love Yahoo and I wish for them to always be Independent.
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So why not try the Mac
by lauwersp February 10, 2008 8:06 AM PST
What about Yahoo convinces you they could successfully write an
entire operating system? and all the hardware drivers? and all the
software?

Apple is a great alternative. It's rare that software that Mac
software that you own doesn't work when you upgrade. Apple
doesn't have all the certification crap... I have to use and support
both and the difference between M$ and Apple is night and day.
Just a comment.....
by Spartan_458 February 10, 2008 11:12 AM PST
You can run software as far back as Windows 95 or 3.1, I believe, in Vista. I myself own a Vista machine, and all you have to do is go into the programs settings/properties and run the program in compatibility mode.
You're far too paranoid!
by o2mcgovem-20822100750713932708 February 10, 2008 1:15 PM PST
No information is sent to Microsoft without your consent. You can opt-out of all data-collection programmes in Windows and you're not opted-in by default.

Windows Vista Privacy Highlights:
http://www.microsoft.com/windowsvista/privacy/vistartm.mspx

Check out these settings:
Open Control Panel and search for "problem". You should see a "Can't find it?" link... click that at the bottom. Click it and opt-out if you're worried.

Then, in the results list, open the Problem Reports and Solutions. In the left-hand column, click Change Settings to change information sent to Microsoft when a program crashes. Also, if you'll look at the bottom of the left-hand column you'll see Customer Experience Improvement Settings... opt-out of that if you wish.

If each time you shut down Vista's trying to install updates then it sounds like there's a problem installing an update and Windows is trying to install it again and again but it keeps failing. Microsoft releases updates on the second Tuesday of each month, so your computer should only install updates once per month. If you're that worried, turn off Microsoft Update in the control panel.
Compatibility
by Gunady February 11, 2008 7:01 AM PST
I am a bit confused for the statement that you cannot run previous software in windows vista. I have lot of applications that are targeted for Windows XP or 2000 (none for 98/95 though, too old already), and I can say most of them can run on Windows Vista properly, without/with a bit tweak, either run in compatibility mode or "run as administrator". For the case that needs to "run as administrator", if it's small application, I blame the developer to write something that needs administrator permission to access, which is prohibited by default in Vista.
loving inanimate objects
by oxtail01 February 11, 2008 3:09 PM PST
May I suggest some medical help for you. Falling in love with inanimate objects suggest that your mental capacity is somewhat suspect. I urge you to get help while there's still a sliver of hope. Love you, man!
It would great it the two hooked up.
by Rodey Jackson February 10, 2008 5:38 AM PST
I the two sould hook up and make the net better.
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Yahoo is still the leader.
by aforslund February 10, 2008 2:16 PM PST
Even Google will say so.

http://google.com/trends?
q=google%2C+yahoo%2Cmicrosoft&ctab=0&geo=all&date=all&sor
t=0
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Yahoo more popular than sex
by iBuzz February 10, 2008 2:48 PM PST
http://google.com/trends?
q=sex%2C+yahoo&ctab=0&geo=all&date=all&sort=0
View reply
Good Move, Microdolts !
by TheSmellyMoa February 10, 2008 3:12 PM PST
Here's what happens next. MSFT's mishandling the bid sends Yahoo! stock plunging and employees running for the exits as panic hits that some monstrous corporate horror that doesn't have the regulatory burden of MSFT will buy the place and the board will accept their bid in desperation.

Apple says the heck with it and offers a merger deal that will reconfigure Yahoo! as a non-subscriber version of .Mac for consumers and, in two years, as an applications portal that resells Web-based applications for SMEs. With a year, Yahoo! starts being worth using again as the UI shapes up and Apple cleans up a pile of messy data offerings into neat utilities that integrate cleanly into the OS X working environment.

MacYahoo! over time becomes a workaday extension of the OS X desktop and Windows desktop albeit in a less streamlined way. iTunes expands and replaces the Yahoo! media marketplace and evolves into a sort of desktop/homespace TV and media channel. The SME application services division will struggle until making inroads with winning CRM and accounting applications.

Ballmer will be arrested in 2011, standing in front of Apple's Cupertino offices shouting, "I hate you!" over and over until Steve Jobs appears to punch him out and help the cops drag him off the lawn.

TSM
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Funny
by mikalg February 10, 2008 4:42 PM PST
Humorous, but scary!
Ha ha ha ha . . .
by K.P.C. February 11, 2008 2:41 AM PST
By far the best post on this entire thread (^0^)/

Also the most logical outcome (^_~)

Can't wait the see th Balmer monkey dance on the 6 o'clock news in
2011 (0_o )
Apple the next salesforce? netledger?
by gggg sssss February 11, 2008 9:12 AM PST
ROTFLMAO
Good move Yahoo!!! Now buy a small US telecom.
by JCPayne February 11, 2008 4:08 PM PST
That should give you plenty of monthly revenue going forward.... Fairpoint Communications or QWEST comes to mind. Something that doesn't compete head on with your partners Verizon, or AT&T and thus would make them run away from your partnership.
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LOL at Stock Plunge nonsense. Now Yahoo can get serious
by JCPayne February 11, 2008 4:09 PM PST
about buying their own future future now or entertaining a better bid.
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During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft.


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