Is The Yahoo! Board Made Up Of Complete Yahoos?

February 9th, 2008 • Related • Filed Under

Is The Yahoo! Board Made Up Of Complete Yahoos?As of now, then Yahoo (NASDAQ YHOO) Board is set to turn down the Microsoft (NASDAQ MSFT) offer to buy the company at $31 a share. Apparently, word is that the Yahoo board wants MORE MONEY! More money for a company that is losing money BY THE SECOND. Are they insane????

Maybe this is the plan: Perhaps the board is hoping to kill the deal, and hoping to outsource its search to Google (NASDAQ GOOG). Maybe it knows that most of its loyal followers would not want the Yahoo brand under the Mircosoft helm. Maybe they think they can actually squeeze that much money out of Microsoft because Steve Ballmer has made his decision, and he would rather sell his soul to the devil a second time(the first time was to get that IBM (NYSE IBM) deal way back when), rather than have Microsoft put out a bid for something and get turned down by a struggling company.

But here’s how I think it will go down: They reject the offer and ask for more money, so they have time to look into other options such as AOL Time Warner (NYSE TWX) , Google, and who knows who else, maybe Apple (NASDAQ AAPL) ? All the while, keeping shareholders and loyal followers happy they are looking elsewhere. Of course, no other offer they look at will be better than the Microsoft deal, and ask their stock price continues to fall even further, they will go back to Microsoft and give in. Certainly, at this point, the offer will be decreased, and with a collective hand-slap to the forehead, the Yahoo board will accept a $28 per share buyout. Oh no, $28 a share? BOO-HOO. (Editor’s note: this is just a prediction)

Yahoo board: Open your eyes and look at your own history. Yahoo stock hasn’t broke $40 since Jan 2006. You’ve had a 52-week HIGH of $34, which was in November 2007. Since then, you have been PLUMMETING, I mean just 2 weeks ago—YAHOO stock was at $19. That is, until Microsoft threw you a sweet deal, making people THINK you may be worth something after all. Do yourself a favor, and accept the Microsoft bid, because the longer you wait, the sooner everyone will realize you’re just a big company full of literal Yahoos.

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There Are 8 Responses So Far. »

  1. Comment by lunar on 11 February 2008:

    Balmer is a total nutcase trying to buy something that’s pulling losses so fast that they can drain out entire economies.. but then again the yahoo board is full of nutcases who think that they can get a better deal for something as obsolete as theie search engine…

  2. Comment by fanatic on 11 February 2008:

    a totally justified title here… the yahoo board of directors are total yahoos when it comes to making big decisions… the only way to get out of this crisis is to sell off to microsoft as they never really have a chance to compete in this market… hope they realise it soon enough before its too late..

  3. Comment by lord on 11 February 2008:

    Even if Microsoft would buy Yahoo, I don’t think they would be able to do anything with it. The two companies are just to different from one another.

  4. Comment by James on 12 February 2008:

    Yes, you are right, yahoo had missed up a great deal which microsoft threw up now. I thought it was microsoft who are the loser with this offer when they first offered to take over yahoo but now I feel that yahoo had become even a bigger loser by rejecting it!

  5. Comment by MyRedz on 12 February 2008:

    well greed is something that everyone have in common and the yahoo boards of directors are just the same.greedy fellas they are!.well is there any sentimental value here in yahoo board?

  6. Comment by gordon on 13 February 2008:

    I think Yahoo is really foolish not to take this offer, As i see Microsoft will bid around $35 max till they will let go of Yahoo and come back after a year or so when Yahoo is really struggling and buy it out.
    Microsoft will do a really good job with Yahoo and it will be great for online advertising and search market.

  7. Comment by daryll on 13 February 2008:

    Yahoo will be very sorry if they do not take the Microsoft offer now. Microsoft has offered them a good price of $31 per share which they should have gladly taken.We all know Greed is bad.

  8. Comment by Jamie on 24 February 2008:

    I think Yahoo should just stick to yahoo. It will become boring if there is only one powerhouse.

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