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Topic: Microsoft to buy Yahoo (Read 11912 times)
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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It's on. I have shares involved. Not talking, linking. link |
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Trippy
Administrator
Posts: 23657
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Headline is misleading. They are making an offer. Doesn't mean the shareholders will accept. Also needs to clear anti-trust hurdles.
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Headline is not misleading when the offer is $31 a share and the recent share price is $18. Edit - And when 1000 people are headed down Semel Drive. |
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« Last Edit: February 01, 2008, 04:49:46 AM by Tale »
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Trippy
Administrator
Posts: 23657
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I haven't read a Yahoo prospectus in over 10 years but I bet it's going depend a lot on how much stock the "old timers" still hold and whether or not they want to do this. Plus again it'll have to pass anti-trust muster. In particular the EU may have issues given how much anti-trust trouble Microsoft's been having over there.
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Soukyan
Terracotta Army
Posts: 1995
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The EU is turning into America, Jr. It's like they caught wind of how much money could be made by being litigious bastards and ran with the idea. Not that Microsoft is squeaky clean, but there are other companies just as lawsuit-worthy.  Back to the topic at hand, I'm not sure how I feel about Microsoft owning Flickr someday. I suppose it could work. |
"Life is no cabaret... we're inviting you anyway." ~ Amanda Palmer"Tree, awesome, numa numa, love triangle, internal combustion engine, mountain, walk, whiskey, peace, pascagoula" ~ Lantyssa"Les vrais paradis sont les paradis qu'on a perdus." ~Marcel Proust |
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stray
Terracotta Army
Posts: 16818
has an iMac.
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I guess this means the whole "Live" thing was a failure.
Or maybe this is the thing that'll put it over the top.
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naum
Terracotta Army
Posts: 4263
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According to this cat, it will be a done deal: http://paul.kedrosky.com/ 1. It will happen. Neither company can afford for it to not happen, and no-one will outbid Microsoft given its dire need. About the only way Yahoo could keep it from happening would be to cut a quick deal to outsource its search to Google, which would be smart, savvy, and MicroHoo-killing -- and almost certainly won't happen.
2. It won't (really) matter. Some more scale in search will help Microsoft, no question, but the fundamental problem is that Microsoft is trapped between two worlds and has an absence of vision. That has been holding it back, not engineers and not ownership of Yahoo pageviews. Microsoft isn't doomed -- far from it -- but buying a broken asset doesn't turn it into a BrinPage-killer either.
3. It's good for Google. Two elephants mating are always good for confusing customers and helping incumbents, not to mention improving margins. You will see Google gain surplus search and advertising share as this deal comes together.
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"Should the batman kill Joker because it would save more lives?" is a fundamentally different question from "should the batman have a bunch of machineguns that go BATBATBATBATBAT because its totally cool?". ~Goumindong
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Murgos
Terracotta Army
Posts: 7474
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When Yahoo bought Geocities my email addy got a .geo appended to it and became a yahoo address. Now that MS is buying yahoo I wonder if they will append a .yah to my .geo and change it to an msn.com address?
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"You have all recieved youre last warning. I am in the process of currently tracking all of youre ips and pinging your home adressess. you should not have commencemed a war with me" - Aaron Rayburn
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naum
Terracotta Army
Posts: 4263
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"Should the batman kill Joker because it would save more lives?" is a fundamentally different question from "should the batman have a bunch of machineguns that go BATBATBATBATBAT because its totally cool?". ~Goumindong
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Abagadro
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Posts: 12227
Possibly the only user with more posts in the Den than PC/Console Gaming.
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I haven't read a Yahoo prospectus in over 10 years but I bet it's going depend a lot on how much stock the "old timers" still hold and whether or not they want to do this.
They won't have a lot of choice. With a cash bid that high, their Revlon duties will be such that they can't really turn it down. |
"As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”
-H.L. Mencken
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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A friend at Yahoo! says he will sell his shares if they put a ! on the end of Microsoft
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Righ
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Posts: 6542
Teaching the world Google-fu one broken dream at a time.
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The camera adds a thousand barrels. - Steven Colbert
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naum
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Posts: 4263
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A friend at Yahoo! says he will sell his shares if they put a ! on the end of Microsoft
I reckon they'll be a mass exodus and/or RIF… …not immediate, but these merger deals are destructive… …redundancy, plus, some will no doubt, cash out and opt to explore other career venues, be it newly minted ISV or enjoying pina coladas on a tropical beach… Money people going to rake in a lot of dough, but damage will be done to the intellectual assets of both firms. M$ is already dead on the inside, living off the laurels of a desktop monopoly (in the business/corporate world) that's the equivalent of billions of tollbooths that sit on worker desks… …and everytime M$ has mingled with some F/OSS (of which Yahoo is heavy duty), it's not been a fruitful experience. I don't think the leaves are colored any different in 2008. Of course I wonder about EU. I remember working for Honeywell when GE bought out and my entire department was told that Operation Shutdown was in effect, and we had like 9-12 months as GE would consolidate and eliminate many Honeywell redundant departments… …then the EU nixed it (after U.S. stamped it OK without nary a thought) — moral in my department never recovered, and most everybody was just marking the days to retirement or leaving anyway… …of course, that ends up being a clusterfuck of immense proportions as a harried staff has to support all the systems from cannibalized company purchases… |
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« Last Edit: February 02, 2008, 01:38:42 AM by naum »
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"Should the batman kill Joker because it would save more lives?" is a fundamentally different question from "should the batman have a bunch of machineguns that go BATBATBATBATBAT because its totally cool?". ~Goumindong
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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How do you solve this? http://yahoo7.com.auhttp://ninemsn.com.auThat's the two top TV networks in Australia, Nine and Seven - one in a joint venture with MSN, the other with Yahoo, using their respective US technologies. Those TV networks are BITTER rivals in the ratings war who don't even speak to each other. Edit - I need to link this Steve Ballmer video and I'm not making another post for it. http://www.youtube.com/watch?v=wvsboPUjrGc |
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« Last Edit: February 02, 2008, 03:08:31 AM by Tale »
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schild
Administrator
Posts: 60350
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How do you solve this? http://yahoo7.com.auhttp://ninemsn.com.auThat's the two top TV networks in Australia, Nine and Seven - one in a joint venture with MSN, the other with Yahoo, using their respective US technologies. Those TV networks are BITTER rivals in the ratings war who don't even speak to each other. I would assume you solve it by not giving a fuck. No offense to my friends down under, but I'm pretty sure Australia has less TV watchers than, say, North Dakota. Or Canada, America's Hat. Basically, in a deal this big, that sort of shit doesn't matter even one tiny bit. At all. Not even a little. |
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Krakrok
Terracotta Army
Posts: 2190
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Edit - I need to link this Steve Ballmer video and I'm not making another post for it.
When you have $15 billion you can dance around like a moron and not care what people think. Nice job on the 48% gain in one day though! |
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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I would assume you solve it by not giving a fuck. No offense to my friends down under, but I'm pretty sure Australia has less TV watchers than, say, North Dakota. Or Canada, America's Hat.
Basically, in a deal this big, that sort of shit doesn't matter even one tiny bit. At all. Not even a little.
We know that. But we've still got to solve it. |
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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Riggswolfe
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Posts: 8046
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So the one company widely considered more evil than MS is trying to buy Yahoo. Interesting. If I were Bill Gates I'd start trying to buy stuff Fox buys. All he'd have to tell the shareholders is "Hey, at least I'm not Murdoch!" |
"We live in a country, where John Lennon takes six bullets in the chest, Yoko Ono was standing right next to him and not one fucking bullet! Explain that to me! Explain that to me, God! Explain it to me, God!" - Denis Leary summing up my feelings about the nature of the universe.
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Der Helm
Terracotta Army
Posts: 4025
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 "The point is, ladies and gentleman, that greed -- for lack of a better word -- is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms -- greed for life, for money, for love, knowledge -- has marked the upward surge of mankind." |
"I've been done enough around here..."- Signe
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Miasma
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Posts: 5283
Stopgap Measure
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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At $28, I turned my Yahoo shares into a new bed. It's very comfortable, perfect for lying back and watching.
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NiX
Wiki Admin
Posts: 7770
Locomotive Pandamonium
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Were they really being that greedy in asking for so much more per share? I wish I understood mergers/take overs/buy outs better.
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Abagadro
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Posts: 12227
Possibly the only user with more posts in the Den than PC/Console Gaming.
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I'm surprised that MSFT didn't take this to a proxy fight.
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"As democracy is perfected, the office of president represents, more and more closely, the inner soul of the people. On some great and glorious day the plain folks of the land will reach their heart's desire at last and the White House will be adorned by a downright moron.”
-H.L. Mencken
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Tale
Terracotta Army
Posts: 8567
sıɥʇ ǝʞıן sʞןɐʇ
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I found the discussion motherlode on the Yahoo Finance YHOO stock discussion board. This kind of thing. I'm seriously thinking of committing suicide 4-May-08 02:49 am
I am going to owe probably around $35,000 due to a margin call if this opens around $22. I used money from our home equity line of credit and it's maxed out. I lost my job 3 weeks ago and will be totally broke. I don't know what to do. I've been smoking cigarrettes non stop since this news. I cannot sleep and my heart is racing. I have $1800 cash and thats it. Will I go to jail if I cannot pay? I don't know what to do? I have a gun and am ready to use it. I am more than serious. Some more: I am holding 1500 Yahoo stock bought at $26.80... 4-May-08 03:31 am
do u guys really think its going to $19...
If i want to sue yahoo management how can i do that? Would anyone advise sitting an waiting(not to sell) 41 minutes ago I bought 700 shares at $28.13.What price do you think these will be when the market opens. I know these are gonna fall to maybe $18 or lower. Could it be possible if you hung on to them for 6 months or more that yahoo could get strong again. Anyone got any advice please I do not wish to sell out of fear,but if your says its wise to i will.I am a newbie to shares. SHOULD HAVE STUCK WITH BACKING THE HORSES.  |
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« Last Edit: May 04, 2008, 02:25:22 AM by Tale »
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Lantyssa
Terracotta Army
Posts: 20848
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I loathe the stock market.
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Hahahaha! I'm really good at this!
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Miasma
Terracotta Army
Posts: 5283
Stopgap Measure
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Were they really being that greedy in asking for so much more per share? I wish I understood mergers/take overs/buy outs better.
I don't know, it's a huge game of chicken really. Microsoft swore up and down that they would never increase the price and got all belligerent about it, but they did wind up upping it, by five billion dollars. It wasn't unreasonable to think they might go higher. It might also not have been all about money, a lot of the people making the decision to sell wouldn't want to work for Microsoft. I was reading another article that in order to keep the best employees (which is all a software company really consists of) Microsoft was expecting to spend many billions more to keep them around knowing how much people don't like them. I'm surprised that MSFT didn't take this to a proxy fight.
I guess they have been talking to a lot of the major shareholders about what price they would sell at, their price was too high and Microsoft probably didn't think they would get enough to win a proxy fight. They will probably let the stock tank and then buy them up in the summer only this time the speculators who thought Microsoft would do this at any cost won't be boosting Yahoo's price because they got burned so bad this time. If I was a gambling man I'd buy some Yahoo once it bottoms... |
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Miasma
Terracotta Army
Posts: 5283
Stopgap Measure
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I found the discussion motherlode on the Yahoo Finance YHOO stock discussion board. This kind of thing. I'm seriously thinking of committing suicide 4-May-08 02:49 am
I am going to owe probably around $35,000 due to a margin call if this opens around $22. I used money from our home equity line of credit and it's maxed out. I lost my job 3 weeks ago and will be totally broke. I don't know what to do. I've been smoking cigarrettes non stop since this news. I cannot sleep and my heart is racing. I have $1800 cash and thats it. Will I go to jail if I cannot pay? I don't know what to do? I have a gun and am ready to use it. I am more than serious. OP has been deleted but not the thread for some reason, some sick fucks in there. What type of gun do you have? Maybe I can give you some cash for it? What does your wife look like? Can I have her number? |
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Strazos
Greetings from the Slave Coast
Posts: 15542
The World's Worst Game: Curry or Covid
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What does Yahoo even do anymore to make them worth anything? Serious question.
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Fear the Backstab!
"Plato said the virtuous man is at all times ready for a grammar snake attack." - we are lesion
"Hell is other people." -Sartre
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schild
Administrator
Posts: 60350
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Uh, it's the number one or number two most trafficked site on the internet. And it's called advertising.
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Strazos
Greetings from the Slave Coast
Posts: 15542
The World's Worst Game: Curry or Covid
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But I mean, what are people going there FOR? Google has something close to a monopoly on the search engine biz.
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Fear the Backstab!
"Plato said the virtuous man is at all times ready for a grammar snake attack." - we are lesion
"Hell is other people." -Sartre
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schild
Administrator
Posts: 60350
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But I mean, what are people going there FOR? Google has something close to a monopoly on the search engine biz.
Really? I mean, REALLY STRAZOS? Yahoo is fucking everywhere, even if 90% of it is for yokels. |
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Strazos
Greetings from the Slave Coast
Posts: 15542
The World's Worst Game: Curry or Covid
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I'll have to take your word for it.
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Fear the Backstab!
"Plato said the virtuous man is at all times ready for a grammar snake attack." - we are lesion
"Hell is other people." -Sartre
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Trippy
Administrator
Posts: 23657
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Yahoo has the largest email user base (MS is 2nd). It has the 1st or 2nd largest IM user base (MS is 1st or 2nd). It's also the largest "portal" site (MS is 2nd).
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schild
Administrator
Posts: 60350
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I find it hard to believe that more people use YIM than MSN or AIM. Particularly with all the legacy AIM users.
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