** Reply to message from Michael J McCafferty <[EMAIL PROTECTED]> on
Thu, 15 May 2008 13:16:15 -0700

> Doesn't matter... Yahoo shareholders become MS shareholders. The
> question isn't if the business units were once Yahoo make money under
> MS, the question for current Yahoo shareholders is only if MS share
> price will go up more than Yahoo's share price if the merger doesn't
> happen.

So how is Microsoft stock to go up if they have no capability to make profits
and only a long long history of losing money? That would be very silly of
Yahoo shareholders to think MSFT stock is going to go up faster and wouldn't
they already have MSFT stock if that was what they thought?

I hope they noticed that MSFT stock value dropped since the initial offer and
Microsoft had to recalculate the numbers in their 2nd offer. Not a good sign
if this really is the concern of Yahoo stock holders outside of the Icahn shares
and his friends.

>       Yahoo shareholders get a nice head start on that price appreciation
> since they are being offered a 70-something percent premium for the
> Yahoo shares. That's several years of price appreciation in advance for
> saying "yes".

I wonder why they keep using that 70-something number when it is very dated
and only shows a positive light for those on the dump-YHOO side? And I wonder
how many day/short-term traders are YHOO owners because even a 50% return
isn't all that great over a long term investment. And again MSFT stock and the 
companies outlook has nothing to show there really is much growth in it. And
paying
companies to use Windows in the low end and emerging marketing doesn't look
like a real growth builder to me.

This has more to do with a friend of Microsoft handing over a company and making
money on the handoff and not much more. I don't know what Icahn has to do with
Microsoft but he is doing their bidding here as Steve Balmer already said he'd
take
over the YHOO board. Only now, Icahn is doing it instead.

Doug


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