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Microsoft Says They'll Pay More for Yahoo

I have a lot of shares of MSFT that have done next to nothing the last few years. I really thought $31 (62% premium) on Yahoo was more than fair. I do not see any other bidders out there and yet everyone seems to feel that MSFT should raise their bid. Never and I mean never should you bid against yourself.

I am not a big fan of Balmer. I have not seen him be very inventive lately and I think I would be better served as a long time stockholder if MSFT said goodbye to this deal and looked for some smaller deals that allow them to move in the direction they need to move.