Gearing Up for Yahoo, Including Latest Microhoo Rumor

Yahoo delivers earnings later today, so here is a quick cheat sheet of things to watch for. I will be on the quarterly call as well.

In general, I'm not buying the interpretation of Microsoft CEO Steve Ballmer's price comments today, that Microsoft offer price isn't changing either way no matter what numbers Yahoo produces tonight. That's not what he said, and I remain steadfast that Microsoft can and should take a pragmatic approach and simply close discussions down by going to $31 cash, and dropping the equity component of the bid. Proving that it can bully Yahoo into taking a lower effective offer serves to effective purpose, other than convincing more Yahoo employees that they need to leave sooner rather than later.

[Update] Henry says something similar over at SAI. Notice also that Google's stock is doing a sympathetic run today on expectations that Yahoo will have a strong quarter tonight. And what's good for Yahoo is great for Google, right?

Comments

[User 95110:]

there is a lot of difference between the 2 steve..Bellmar and jobs.
jobs will not what so ever say something that he maybe will recuse few hours later, unless he has in advance the real result of yahoo ,and that worth investigation...this sentence is of no interest because it is not logical and really not intelligent and specially if yahoo will deliver bad earnings.hopiing that bellmar learns to be logic we are waiting for yahoo's result with great interest and we will scrutinize micosoft's reaction and its shareholders attitude if yahoo deliver good results.

2008 Apr 22 02:48 PM