Yahoo is such an arrogant company. More arrogant than Obama. Yang isn't satisfied with Microsoft's huge bid in spite of the fact that Yahoo is slowly yet relentlessly losing market share to google and has a whopping 60 PE ratio. I am hoping that Microsoft changes their mind and the stock takes a $8 haircut, but it won't happen.
yahoo not accepting might be the best thing for microsoft. if microsoft can pull a deal for myspace and then go after linkedin, they could get a lot more value for their buck.
Been bullish on google, but never liked Yahoo. Looks like Yahoo continues to lose marketshare to google. Just take the stupid offer, Yang.