Mr. Yang is wise in not relenting to Microsoft’s and Icahn’s pressure to make a deal. Microsoft is a sinking ship, but because of her size and glorious past most people haven’t realized that yet. It remains me for when the Titanic hit the iceburg; because of the size and the thought that the ship was unsinkable it took a good while be those aboard realized that the ship was in fact sinking. That is Microsoft; a sinking ship that many haven’t yet realized is sinking. Stephen Tripi you are correct; Icahn and could care less about the long term future of either Yahoo or Microsoft. But I think what may have happened is that the Yahoo board sat down with Icahn and showed him why it is better that Yahoo not merge with Microsoft. They many have showed Icahn that Microsoft/ Yahoo may not even compete with Google because Microsoft may end up pigeon-holing Yahoo. Yahoo would be better off competing with/against Google without Microsoft.
If Microsoft was a child, it would have been the kid who wants to take on the class bully – Google. And Yahoo! would be the shy kid who is afraid to join forces against the bully, infact so paranoid that it feels the need to team up with the bully.
By selling Yahoo!, Mr. Yang will not only do a favor to Microsoft, but to millions of internet users as well.
Imagine, two internet giants going head to head. It will be exillarating, won’t it !
If Microsoft were a young school child, it would have been the ultimate class bully, sneaky and tough. Of course Microsoft is trying to underpay for Yahoo and I commend Mr. Yang for standing up to the bully. In the long run I think Yahoo might just be fine without Microsoft by making alliances with everyone other than Microsoft. Icahn of course is in it for Icahn and could care less about the long term future of either Yahoo or Microsoft. If I am not mistaken Microsoft, although a great technology company, it has not exactly been a very good stock over the last 10 years. By the way I lost money in Yahoo recently when the deal did not close, however there just might be more money to be made down the road for patient stockholders. Mr. Yang I commend your decision unlike the liberal media.
Sale of Yahoo! to Microsoft will mean the end of Yahoo! as an entity. Something not good for the consumer and certainly not good for Yahoo!
We have a clear case of short term investor profits having more clout then long term company stability. Generally a bad thing over all. Legal theft.
The proliferation of buying and selling company stocks for the short term greatly contributed to the crash of ‘29, the crash of ‘00, and at the rate we are going will crush all publicly traded companies.
Maybe not so bad of a thing. Smaller, privately owned companies will be better for the over all economy, employees, customers, and everyone else other then wall street.
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Yahoo! waited too long to merge with someone to achieve the size needed to slug it out with the new evil empire, Google. Yahoo!’s technology is at least as good as Google’s but Google is selling a lot more ads (how hard is that ?). Complacency among Yahoo! management is slowly killing the company. Now, they will probably become the Microhoo division of Microsoft, and Yang will probably be emptying out Gates’ trashcan during the day and sweeping out the parking lot at night. It could have been different …