125 Comments
- PhattyPhattMatt, on 05/05/2008, -2/+34Mondays suck, for everyone...
- Stroggoth, on 05/05/2008, -9/+36If you are a shareholder...Jerry just cost you huge money. Thanks Jerry!
- illwil, on 05/05/2008, -2/+24Digg Finance Disclaimer: All Quotes Delayed 3 Hours
- aahpandasrun, on 05/05/2008, -3/+20Yahoo hasn't been useful or relevant since the late 90s. It's like the hot girl from high school, now 47 and 100 pounds heavier that still wears belly shirts and thinks she's all that.
- cgruber, on 05/05/2008, -0/+16***** don' talk about my mom like that.
- charlesray, on 05/05/2008, -2/+18So the market is back to valuing them at their normal "useless?"
- beachtrader, on 05/05/2008, -0/+15It's bounced back from that low though. It's been hovering around 24.5 for a while. -13%
- d3lta, on 05/05/2008, -4/+16Don't worry, its unlikely it will fall below the levels it was trading at prior to MS's offer, which means overall MS's offer has been good. Also means if it does drop below $19 again it might not be Jerry at the negotiating table, so you'll get your chance again...
- Snokage, on 05/05/2008, -2/+14this is funny. nice work yahoo
- ExRe, on 05/05/2008, -2/+12http://finance.yahoo.com/q?s=YHOO
- Katnap, on 05/05/2008, -0/+10They already run their servers on FreeBSD
- EntropyFan, on 05/05/2008, -1/+10If I just got paid $13 a share more then the company was worth, why the hell would I care?
As I don't hold any shares, again why the hell would I care? - KMartSheriff, on 05/05/2008, -4/+13oh ***** off nickcozy
- Chuck1988, on 05/05/2008, -4/+12I hope there stock falls to $15 then they will realize they ***** up big time. When someone offers you $33 dollars a share for your dying company that is valued at $20 a share you should probably take it if not for the more then generous offer then at the very least for the respect of your investors. This was a stupid move on Yang's part and now his investors and his company will suffer for it. Corporate greed prevails once again.
- inactive, on 05/05/2008, -1/+9Maybe Digg should hire you as their Front Page ANALyst. Get a life assclown.
- inactive, on 05/05/2008, -2/+10OUCH.
I smell lawsuit and revolt at Yahoo. YAHOO CEO forgot who HE works for - the owners (shareholders) ! - punkcat, on 05/05/2008, -0/+8i have a tip for you. do not ever try to get financial advice off an internet forum.
- scamper22, on 05/05/2008, -2/+9and she still won't let you hit it
- momsshizzle, on 05/05/2008, -3/+10Yaaaaahoooooo!
- agimat, on 05/05/2008, -1/+8They screwed themselves.
- deviouskoopa, on 05/05/2008, -0/+6"Looks like someone's got a case of" *shot*
- inactive, on 05/05/2008, -0/+5lol @ MS did this on purpose. So me offering $1000 dollars for your pen that doesn't work anymore is somehow a secret ploy to drive down the price of the pen. Or you know, you could just accept the $1000 dollars.
- mandarin, on 05/05/2008, -5/+10Yahoo sucks.
- anillop, on 05/05/2008, -0/+4how exactly did Microsoft screw them?
- inactive, on 12/26/2008, -1/+5Haha, oh the irony!
- rmxz, on 05/05/2008, -4/+8"for everyone..."
Except for Yahoo Employees - who won't have to work for Microsoft. And
Except for Google shareholders, employees, and users - who will continue to face 2 lame competitors. And.
Except for Internet Users who keep a little bit more choice in their service providers. And.
Except for Microsoft shareholders, who didn't overpay for something so their stock went up. And...
I could go on - but obviously a deal that does not happen because a majority of people rejected doesn't suck "for everyone". It just sucks for some. - inactive, on 05/05/2008, -0/+4and they are burying you for what? I don't get it.
- mephitix, on 05/05/2008, -0/+4If I was a YHOO shareholder I would be so pissed right now.
- yuanzhoulu, on 05/05/2008, -0/+4i keep hearing this, but how the heck do you do premarket trading? do any major brokers allow this?
- cyphin6, on 05/05/2008, -1/+5Yahoo lives in it's own world, stuck between a rock and a hard place. Reality won't hit till the company hit's bottom.
- Magnus150, on 05/05/2008, -3/+7buried for use of "M$," welcome to 1999.
- yojiffyskippy, on 05/05/2008, -0/+4Actually it is only 'low' in terms of what it was last week. It's still higher than it was before the spike due to the Microsoft offer.
- inactive, on 05/05/2008, -5/+9He didn't cost anyone anything. MS did this on purpose to drive down the price. now they will take the deal straight to the Shareholders at a discounted rate. Hell as far as MS is concerned they just got a 20% discount on Yahoo. If you can buy some yahoo stocks then do it now. Its like a easy 10% to 20% profit when MS goes for hostile take over.
- munkyxtc, on 05/05/2008, -0/+3You can't claim it's market fluctuation when the change isn't just a fluctuation; it's a major change from normal trading. Let me present to you the yahoo volume graph for the last month:
http://quotes.nasdaq.com/quote.dll?page=charting&m ...
As you can see from the chart of both Share Price & Volume have gone completely opposite of where they were during closes last week. Pay close attention to the volume as it slowly increases throughout the week as the MSFT deal looked less and less like it would happen, all of which came to a head today with nearly 223,570,402 in volume today at only 2:22PM EST; as compared to on average having much less than 70,000,000 for an entire month? You can claim it's fluctuation but what you really see is a massive sell off of stock because the get rich quick schemers see their chance of raking in the quick cash slipping away. - rblancarte, on 05/05/2008, -2/+5Even at the lowest point, isn't that higher than what Yahoo was valued at BEFORE MS announced their attempt to purchase? Granted, the stock isn't as high as it was when MS was pursuing the deal, but they have overall made value.
I am not trying to say that being down from $31 is good, but I don't think Yahoo should be declared dead yet. - JQP123, on 05/05/2008, -0/+3"MS did this on purpose to drive down the price."
Nice conspiracy theory but it doesn't add up due to reasons which you're obviously unaware.
In order to take it "straight to the shareholders" and acquire more than 5 percent of another company, yor're required by law to file a letter of intent with the SEC. If MS does this, guess what most likely happens to Yahoo stock? Yes, that's right, it'll go right back up. - KMartSheriff, on 05/05/2008, -2/+5They're not that desperate.
- vinnyvenus, on 05/05/2008, -0/+3Yahoo needs to buy back some of its stock. I heard that they had couple of billions of dollars in cash on hand. You can't say that a company is are undervalued at $33 when stocks are going to be trading much lower than that. It just doesn't make sense.
- Lubinski, on 05/05/2008, -0/+3They could be AOL
- Wormfather, on 05/05/2008, -1/+4It's ok, I promise. Remember in "The Godfather" when Michael made the offer to buy the casino from Joe? Greene. green threw his arms around talking about how "You dont buy me out, blah blah, blah" Then Michael walked out and one movie and one dead Greene later he owned the casino.
Well, that's where we are now. - mephitix, on 05/05/2008, -1/+3uh, who's greedy here? YHOO was offered 31/share, then was offered 33/share, but they wanted 37/share. They were trading at NINETEEN before MS came in. Now that is greed.
- ibeetle, on 05/05/2008, -0/+2Opens at 22. Goes to 24.... ummmm... sorry but you need to repeat remedial math. 24 is higher or up from 22.
- yuanzhoulu, on 05/05/2008, -0/+2man, i remember the time when yahoo had a stock market game based on delayed data ... you could just find a source of real-time quotes and keep making money ...
- InvaderDem, on 05/05/2008, -0/+2But if Jerry accepted the offer, Microsoft wouldn't be going to the shareholders at a discounted rate and would have paid the original offer.
- inactive, on 05/05/2008, -1/+3and once the price falls far enough, that'll be the point when Microsoft jumps back in for a hositle takeover.
- Lubinski, on 05/05/2008, -0/+2STFU mr bullet numbering.
- fribhey, on 05/05/2008, -0/+2everything is looking solid from here too!
- inactive, on 05/05/2008, -12/+14Well it looks like Yahoo may end up wishing they accepted Microsoft's bid......
- fibreoptix, on 05/05/2008, -0/+2 Your dead on dude. I was saying the same thing. MS had this planned all along.
- Wormfather, on 05/05/2008, -0/+2Yeah, but buying back stock is a short term fix and the market wont like it if they're buying back stock but still struggling. the logic being "use the damned money to compete with Google".
Oh and only a few people think that Yahoo is worth more than $33, they just happen to be the ones making the decisions. Based on what, I dont know, becuase everything I see says that to an investor, Yahoo is worth 22-24 MAX, to MS, a bit more.
But then again, what do I know, I thought this would be a done deal for sure. -
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