fredb

Yahoo Almost Gets It Right

with yhoo down 4% today - lowest level since the proposed acquisition - it would seem they didn't get it right.

Yahoo Almost Gets It Right

my guess is if the author had any holdings to disclose he'd feel diffently. it's easy to preach what a company should and should not do if you have no vested interest... and, now that i think about it, an an individual with zero holdings you really have no say in the matter of what should or should not have been done. if you want your say to matter - you best buy some YHOO stock.

Yahoo Almost Gets It Right

certainly, mgmt is not required to take any offer above stock price.. BUT, when the purchase price delivers, oh i dunno, let's say a 75% premium, i'd say the mgmt is required to give it some attention. and by attention, i mean an open assessment of the offer. Yahoo's mgmt began pushing back from the outset - i believe it was this demeanor that led to microsoft asking itself if it wanted to dump 45B+ into a company who didn't want to partner here... If Yahoo doesn't grow to a $33 stock in the next 24 months, Yang's legacy will be that of a selfish executive who let his ego guide the company rather than what was best for the ownership of Yahoo.