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Looking at YHOO price, it's really discounted. I wanted to short YHOO back in Jan because of their clear downtrend, but then I saw their strong fundamental. Soon there is a MSFT offer. Good that I didn't short it. Even better I didn't chase after it. When it comes to investing, isn't it funny that big guy sucks too at least once a while? Boone Pickens gambles on small gain on the buyout and now whining about management. techland.blogs.fortune...
Jul 29 16:28 pm
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All Comments by kyc30090 »Yahoo Almost Gets It Right [View article]
Management does a fair calculation except that they don't have chips to bargain. With all the competition, no one is really willing to bet that YHOO will come back to the offer price any time soon (1-2 years). Looking interestingly valued now. Chasing after buyout and selling it now sounds like the opposite to me.