Comments on: The battle for Yahoo's soul
Yahoo CEO and founder Jerry Yang bleeds purple. Carl Icahn and some Yahoo shareholders want his purple blood. Dan Farber chronicles the battle for Yahoo's soul.
Yahoo CEO and founder Jerry Yang bleeds purple. Carl Icahn and some Yahoo shareholders want his purple blood. Dan Farber chronicles the battle for Yahoo's soul.
Web sites launch all the time, but they also shut their doors. We highlight 15 that bit the dust this year.
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Dan Farber is the editor in chief of CNET News. He has covered technology for more than two decades, and he previously served as editor in chief of ZDNet, PC Week and MacWeek. Outside the Lines explores the intersection of business and technology.
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Editors Dan Farber of News.com and Larry Dignan of ZDNet, square off in EIC² in this weekly podcast. The two editor in chiefs talk about the big tech stories of the day and provide insight and analysis.
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common sense tells me you did something wrong.
- by fdunn3 June 16, 2008 5:46 AM PDT
- It is just funny (not being a shareholder in Yahoo) watch as the announcents are being made and what it is simultaeusly to the value of Yahoo, MS, and Google's stock values.
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(4 Comments)When Yahoo finally disapproved the sale of it's search business in favor of outsourcing it to Google it is apparent that Yahoo's stock value is going down on heavy trading. At the same time Microsoft and Google's stock values rose.
That was of Friday afternoon's stock exchange close. This morning I anticipate seeing the volume of Yahoo stock being traded peaking while shareholders try to squeeze what little value is left out of Yahoo. That being said, a heavily sold/traded stock value decreases as the panic stricken holders try to get what they can over the price of Yahoo's stock before the original Microsoft offer (`$19/share). With Friday's closing offering prices for Yahoo were at $22.75 and with the high volume today after Yahoo's announcements I anticipate that the volume will peak again this morning and close at less than when MS first made it's offer. Yahoo has very little leverage in the search business anymore and It's shareholder know they are going to take a loss if they don't get rid of the stock quickly.
Foreshadowing any miracles I see Yahoo losing even more ground and stock prices tanking at about $10/share before the year is out.