sv_observer

Mithras Capital Proposes Microsoft/Yahoo Compromise

This is hilarious:

"... (if) Microsoft reneges on its commitment, Microsoft will pay a breakup fee to Yahoo! equal to $12 per Yahoo! share"

MSFT's commitment to do what? Just in case you don't remember: they've already offered $33 a share, and Yang rejected it. So you're saying they should pay you $24 million because you own stock in a company with an incompetent CEO?

Yahoo's Management Exodus Could Be a Very Good Thing

"Take Usama Fayyad, for example. He's peddled several companies owned by friends/extended family for Yahoo to buy out for overpriced sums of money. It wasn't too hard since his wife was the CTO's (Farzad Nassem) cousin."

Wow, so Usama is married to Zod's cousin? That explains a lot!

Icahn to Whip Yahoo's Struggling Horse into Shape

Now this is a true masterpiece of ignorance: " ... if Microsoft hadn't made the stupid offer for yahoo, yahoo stock price would have jumped back up" . The MSFT offer was at a 60% + premium of the price. And as many analysts noted at the time, Yahoo's Q1 results were respectable, not great. This comment is almost as stupid as Bostock and Decker whining that the $33 offer wasn't in writing. Or wait, maybe that wasn't dumb, maybe it was just disingenuous and self-serving.

Avoiding the Internet Death Spiral: More Advice for Yahoo

Oh, wow, Yahoo has a projected Q/Q revenue increase of 42.96%. And who came up with this figure? Why, Jerry and his crew, who then tried to pitch it to their big shareholders in the hope of justifying a higher price than MSFT was offering. Not surprisingly, nobody fell for it. It's hilarious to read some of the deluded souls who post on this topic quote Y! management's fantasies of future profit as if they were reality.

Is Yang Still In Charge At Yahoo?

It's been very clear from the beginning of this that Yang just doesn't want to sell the company, period (or his company, as he likes to think of it). Neither do the rest of the executives - have you ever heard anything as lame as Sue Decker's excuse that the $33 wasn't in writing? Yang is now denying the story about the execs exchanging high-fives when Ballmer withdrew the offer, but it's all too credible.

Mr. Ballmer: Pull the Yahoo Offer Now!

[Comment edited for abusive language. Commenter put on notice] Is there anyone who thinks the Yahoo share price would bottom out at $19 if MSFT pulls their offer? I'd expect it to go down to $15 or less, depending on Q1 results.

Why I Sold Most of My Yahoo! Position

The irrationality of Mr. Upside and others of his ilk shown by this statement: "If you had a company that was once at over $100/share and now wants to be bought at $31/share would you sell?". In other words, since years ago (at the height of the dot-com bubble) it traded for more than $100 per share, it will always be worth more that $100 per share. I assume he is willing to back up his statement by buying my Yahoo stock at this price.