According to Munster, a research director, merger very possible within six months. So I guess we can now more assuring that we can speculate that a deal could be struck during weekend with Monday morning announcement. Well we have a "source" now to go by. So if we don't have a deal this weekend, then I am looking forward for next weekend. Shorties will not like this. Tough luck guys I have a source now!!
Munster comments;" I think she sells the search business to Microsoft. Yahoo! should go higher over the next 6 months.” goingloco translates to; "merger very possible within six months". That is a prime example of goinglocos understanding of sources and facts. Both have little or no connection to reality after being translated by goingloco. And Munster is not a research director, he is a managing director and senior research analyst. But goingloco is improving, this time he got the name right, that's a first.
OK so that was a joke. I know you are referring to Gene. I had a look to see how your "source's" qualifications stand up. What I found was:
He holds a bachelor's degree in financial management and new venture strategies from the University of St. Thomas. You have to love that, assuming it's the one in Minnesota. Heck he might even be Hotmodel's neighbor! So he can count. Good sign.
Then I found: http://fakegene.blogspot.com/ Bad sign. Someone went to a lot of trouble to dis the guy. But his profile says his favorite music is Sheryl Crow! WAIT A MINUTE! Coincidence? I think not!
Finally I read this recent article where it appears that Gene thinks that Yahoo is a good product, and generally agrees with everything Crist Quarles says. Not an original thought in his head.
And your comment "merger very possible within six months" is as solid as anything else posted here for the last six months, although I have no idea how you tie that to any deal this weekend. So you choose, Herman or Gene. Give each of their rings a pull and see who gives the best advice.
Dude, it doesnt matter the exact date. The merger or as I see it(a search deal) WILL be done at some point this year. Likely in the next month or two. I bought yahoo last year before the first buyout offer and sold while it was much higher. I then bought yahoo again around $12 and will hold it until the msft deal goes thru. It WILL GO THRU IN TIME, and when it does-I make a 50% return. Why yahoo is only at $13 is a huge mystery to me. I mean really they have like $11 in tangeable assets including cash, alibaba, and yahoo japan. So basically, any money they make, fure the earnings on a $2 share price-so basically its trading cheaper than ANY OTHER INTERNET STOCK and it has the most popular webpage and email site.
You will be right at some point as will I. We can blog about this all day and there will still be idiots that dont understand the stock market say that yahoo is overvalued because they only know how to look at their PE value(listed on yahoo finance-also the most popoular site-LOL). These guys have no idea that you have to enter their huge cash position and stock ownership in to account-and yahoo's is extremely valuable. So let them short yahoo and doubt it all they want as we will soon make a bundle on the MSFT deal which is unavoidable.
PS: If you want to make another huge return-buy some PALM stock. IT is gonna run to $20 in the next 2 months and will likely get bought out by DELL before it has a chance to release its new Palm PRE phone.(see www.mypre.com)
i was wondering why this deal hasnt gone thru yet . You would think microsoft would really try to shake things up in the market and do this while everything is down . I dont have alot of money to invest and i was thinking of dumping a few shares i own and buy yahoo . At 13 /shr its really an attractive entry point for me it really seems to me it can only go up !