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Tom Au, CFA
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In the early 1990s, during the middle of a secular bull market, I began work on "A Modern Approach To Graham and Dodd Investing," that was not particularly suited for the decade of the 1990s, but was ideally suited for the following "Lost Decade" of the 2000s. In the early... More
My company:
Carryl Capital Management
My book:
A Modern Approach to Graham and Dodd Investing
  • Why Yahoo Should Sell Itself to Microsoft.(or Google) 3 comments
    Jun 19, 2009 3:53 PM

    We're not just saying that because we own MSFT, although it's true. We're saying that based on a belief that Yahoo is caught in an unenviable position, between a rock and a hard place, of Microsoft and Google.

    About a decade ago, Yahoo was the wunderkind. No one had anything like its search engine. One problem was that it was a little ahead of its time. Few people fully understood the value of search engines. Another issue was that it was just another tech stock; one that went boom in 1999, then bust in 2000. (Google was fortunate to come of the scene afterward, and avoid this.)

    By the time Google made its mark in the early 2000s, Yahoo was "old news." It had not made anything of its head start, and was outpositioned by a younger, more nimble company. So much for first mover advantage.

    The latest news is that Microsoft, the industry giant, has now come up with a credible alternative. It is the last entry in this space. but the one with the strongest backing. That's because Microsoft is a much more established company that isn't only about search engines. It's basically about software control, of which search engine is just one application.

    Yahoo is in an unenviable position, trapped between a larger producer of its main product, and a smaller producer that's a much larger company overall. These two companies are about to go to war. As Machiavelli advised about 600 years, ago a (prince) in such a situation "must declare for one or the other, or else become a prey of the victor."

    Disclosure: Long MSFT

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Comments (3)
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  • digalert
    , contributor
    Comments (8) | Send Message
    Now late Friday afternoon Bartz / Yahoo come out and say their recent layoffs costed $27 million. Yahoo, as always has been, the little engine that could but can't.
    19 Jun 2009, 08:07 PM Reply Like
  • summerssssssss
    , contributor
    Comment (1) | Send Message
    I have all the secrets of infinity in my hands,
    i really want to spread it to as many scientists
    as possible. so here i go.


    here's a simple scientific test you can experiement


    wear black clothes and go to a busy mall
    you will notice your mind really hurts, this
    is because black colors ( or dark colors )
    are pulling other humans imagination and bringing
    them to close to you and you read it.


    this causes stress especially when you are
    surrounded by religious people or something.


    but when you WEAR WHITE CLOTHES..
    the opposite is true, you reject everyones idealogy
    and you get to feel free with your own science.


    your own imagination is not disturbed.


    you can optimize and re-test this if you want.
    you can even wax the body hair you have
    and dye your hair to yellow or white.


    trust me, this is extreme science like no other
    and i have it cracked, this can be used to
    stop aging, reverse aging,


    we can use this to time travel, be immortal
    and make money too


    because infinity's law suggests the more people
    you spread this truth to of, the more money
    you are likely to make. ( it's the reward you
    get from infinity for giving people the secret )


    so tell people to wear white ( be nice, by force
    is prohibited by federal law of infinity ).


    or just wear white clothes and walk around
    shopping malls, you become a role model
    and your influence alone will earn you money.


    WHITE as you know is a color that pushes
    while BLACK is a color that pulls light.


    so imagine if you were made up of light
    and you were wearing black clothes.


    you'd age faster than anyone else.


    if you were wearing white, because it pushes
    the light back, you could stop yourself
    from aging.


    try experiementing this with luxury places
    because there is a competition going on, on earth.


    it's as if everyones soul has some jealousy
    inside them and they do not like it when
    someone is about to spread the truth and rise
    into power.


    so keep yourself safe, experienment around
    luxury stores where your safety is not jeapordized.


    if you are a highly scientific person, try avoiding
    conversation with highly religious people.


    my own great parents are religious, so i am not
    talking to them not even on the phone.


    their voice and the way they think can interfier
    with my imagination and distort the science
    i am working on.


    please feel free to ask me for more information
    i am on youtube right now

    post comments on my channel i'll respond 24/7
    to every question you have.


    on my youtube page i found david's video wow
    i really want to give this guy all the secrets i have
    he can put it into media, become a billionaire
    and spark a revolution that can save us all.


    i mean all of us, we are all about to become
    immortal supreme beings.


    all we have to do is wear white clothes
    and be obsessed with white stuff.


    very simple.


    this is no joke, i am about to get this party started


    Summer Time Dance
    20 Jun 2009, 12:10 AM Reply Like
  • Tom Au, CFA
    , contributor
    Comments (6879) | Send Message
    Author’s reply » Which is why they ought to be taken over.


    On Jun 19 08:07 PM digalert wrote:


    > Now late Friday afternoon Bartz / Yahoo come out and say their recent
    > layoffs costed $27 million. Yahoo, as always has been, the little
    > engine that could but can't.
    20 Jun 2009, 01:04 PM Reply Like
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