Seth

Icahn Has Two Days to Breathe Life into Micro-hoo

Yahoo closed Monday at $25.26 on volume of about 41million. Friday it was at $25. on volume of about 30million shares.

Tuesday, and today, the stock is indeed up higher but that gain happened after the news of Icahn's possible participation broke. It is fueled by the related speculation. That's also visible if you look at trading volume, Tuesday's result was more than double 3 month averages of about 38.5m shares.

Incidentally, if Icahn did buy 50m shares as speculated, he likely bought part of them on the days following Microsoft's withdrawal when trading volume was especially high and large purchases would have been less surprising. Facts: On may 5 trading volume was 279m and the 6th was 179m. The intra day prices on those days ranged from 22.97 to 26.25.

Microsoft Turns Up the Heat on Sony, Nintendo: Xbox Prices Cut Internationally

David - price may be a factor for some buyers choosing between a Wii and a bundled PS3 kit, maybe, but between the Xbox 360 and the PS3, I would agree. There the differences there are negligible.

Re your other comment: that goes to editors choices in choosing the title. I do agree with you, however, price cuts don't automatically "turn up the heat." They are an effort to increase competition (at the expense of margin) but there's no guarantee they will succeed.

Prepare for the Microsoft/Google Gangsta Cloud Wars

Zendurango,
There's an article on SA from February that gives a plain english primer on Cloud Computing. It also looks at how it might be playing into the Yahoo Microsoft deal. If curious: seekingalpha.com/artic...

Steve Ballmer to Yahoo Board: Three Weeks and Then Things Get Nasty

Microsoft Link: www.microsoft.com/pres...

Steve Ballmer to Yahoo Board: Three Weeks and Then Things Get Nasty

For those looking for the full text of Ballmer's letter, it can be found here via Metue or is alternatively available here on Microsoft's press pages