I heard $16 to $18. I heard $17. But it will be $25 to $34 and YHOO will say take it or leave it or leave me alone I will move forward and wait for Alibaba Group IPO (Ma needs capital to expand business). Then I will spin off this Chinese to shareholders yesssssssssssssssss!
idiot at 34.00? who is the idiot randy? if you are the only seller, sell this pos for your 24.00 or whatever your spineless, brainless, know nothing about stockless a-hole that u r CAN. If all shareholders were like you we would just give the shares a way. Why not, for the first time in your life...man-up, grow a pair, and get the most out of what u got? 28/SHARE WITHOUT GOOGLE..32.00 WITH GOOGLE TAKEOVER
I obviously do not know the exact book value of YHOO but I am basing my estimate between $25 to $34 only what financial that is reported here.
--Barron reported that YHOO Q3 report stated that their Asian assets is worth $20.4B --YHOO has cash on hand of about $3B --YHOO has about 1.2B outstanding shares --Citi analyst Mahaney during Thursday morning CNBC interview stated that YHOO core at a minimum is worth $7B --Simple calculation $30B --my assumption is that takeover or buyout always provide "premium", I say 5% to 50%. --Please note that MSFT gave YHOO 60% premium during their takeover but foiled in Feb 08. Yes, true today YHOO is the YHOO in 2008. But today that YHOO $1B investment in Alibaba is now worth (call your $$$ number my friedn) based it on $20.4B.