Take the money, and go be a mom for a few years.
No matter HOW you cut it, he is going away. Guaranteed.
An offer is very likely. Once BABA shares unlock and are solid, the mystery in Yahoo goes away.
Softbank can get those BABA shares tax free. 27B worth. 8B in YJ shares, 8B cash and equivalents
That's $41B, or $44 a share. I would expect they would pay a premium on top as the core business, search, Tumblr, etc has got to be worth 5B.
It went from 1900 up to 3200 today.
How exactly is this reason for a panic?
Baba did not go UP 50% from its open price back in Sept. Instead its down 20%.
This entire situation is wildly overdone. Further, China is still insulated from the rest of the world, so there is no real reason for contagion.
So the entire value of Alibaba, taxed or untaxed, is valued at $10 today. Thats simply absurd.
Owning Yahoo down here is a screaming immediate buy.
Sentiment: Strong Buy
8B for YJ, 9B cash and equivalents, $5B core business. $22B or $23.50 a share.
IRS approval of the Spinco deal, no tax consequences.
Details on how Yahoo Japan will be moved off the balance sheet, also no taxes
Alibaba will complete its final round of unlocks, with no insider selling
After that we will see buybacks on the shares and then an offer of the core business.
Two more bright spots.
So yes it sucks to see the stock down here at 36 but Bernstein is right, we are going back to 52 and SOON!
Turns out Alibaba, which is profitable, takes great care of its many employees, even in Communist China.
Time to move out of AMZN into BABA. Amazon has PEAKED!
They are incapable of ever creating a mass produced vehicle for less than 55K. No tax credits, just a car with a gigantic battery. With the costs, warranty, and battery they MUST sell it for 55K, the cost on the car is around 49K.
Followed by mind numbing upgrades from corrupt and intellectually bankrupt analysts stating that 15 years from now Tesla will be profitable.
The reason we don't have robots cleaning our homes and mowing our lawns, and cooking our food is that there is a DEEP pool of low skill labor that will DO THAT FOR US.
As they will gladly drive a Prius Uber to your house and be your personal driver.
Furthermore, why would Tesla, who makes a sports car that is FUN to drive, remove that joy and turn the car into a low speed, boring, automated conveyance?
Not to mention the potential liability when one runs over a kid, or malfunctions and stops on the 405 and is slammed into by a truck.
Now if Nissan Leaf had a low cost smart taxi for NYC, MAYBE it would be of some use. Low speed, short range travel in urban environments.
But not a 135K high performance electric vehicle.
Would you buy a self driving Ferrari? No. NOBODY WOULD. Its an insult to even utter words like that.
There will BE NO Model 3 EVER due to cost concerns, further if there were, it would not be self driving.
Dems are scrambling to have a viable candidate on the trail otherwise it will fall to Bernie.
President Bernie? Think again.
GOP is a mortal lock for 2016.
Yes but until then, oil is cheap, coal is even cheaper. Its abundant and will be used until something better comes along.