This train wreck is going to be interesting. Jerry just sent out the following email. Here is part of what he says.
we believe microsoft’s proposal substantially undervalues yahoo!—including our highly recognizable global brand, large worldwide audience, significant recent investments in advertising platforms, future growth prospects, our ability to generate free cash flow and our earnings potential as well as substantial unconsolidated investments (like alibaba and yahoo! japan).
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Monday, Feb. 11, 2008
by Christian
Well it looks like Yahoo is talking to AOL.
It is understood that Yahoo! and its team of advisers from Goldman Sachs and Lehman Brothers, the US investment banks, have spent the past week evaluating possible tie-ups with media and technology firms that would save it from being swallowed by Microsoft.
It is also understood that one option being explored is to restart merger talks with AOL, the online business owned by Time Warner.
You have got to be kidding me. Is Microsoft that bad? According to the attitudes of Yahoo it seems to be. It is this sort of thinking that has me very pessimistic on Yahoo. When personal decisions get in the way of business decisions then you know something is very wrong.
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Monday, Feb. 11, 2008
by Christian
