After hoping and waiting and praying for something to kickstart Yahoo’s stock, I dumped mine at a slight loss at the end of the year. Damn my accountant.

After the Microsoft offer shot the stock up based on the 61% premium is was going to pay, Yahoo is set to rebuff the offer on the basis of it undervaluing the company.

Two schools of thought. 1) The board of Yahoo greatly overestimates its potential and shareholders are in for more pain or 2) Jerry Yang and the board are right, and shareholders will be singing “happy days are here again,” sooner than later.

Tags: , microsoft, takeover, yahoo

This entry was posted on Saturday, February 9th, 2008 at 7:20 pm and is filed under Deals, News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.