Microsoft share price plunges following Yahoo takeover bid
Pull out, Steve, before it's too late!
It seems that shareholders don't think a Yahoo takeover is a good idea. Even though Microsoft just reported some outstanding financial results, its share price is taking a beating. As has been pointed out, this reduces the value of the bid, which is half cash-half shares. Amusingly enough, this decline is hitting two of Microsoft's biggest shareholders -- Steve Ballmer and Bill Gates -- where it hurts. Considering that Silicon Valley hates foreigners from the far north (Seattle? They're worse than Canadians) and Microsoft is also taking a beating in the press, this might be a good time to pull out. Before it gets worse.
*extracted from http://blogs.guardian.co.uk/technology/2008/02/07/microsoft_share_price_plunges_following_yahoo_takeover_bid.html*
I'm not a fan of Microsoft, simply because their MSN and Hotmail pales in comparison Yahoo! Messenger and Yahoo!. I hope the takeover won't work out.... because i don't want Yahoo! to turn into another Microsoft. And I still can't access Hotmail from my browser for a few days now... Duh...!
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