YAHOO SHARE PRICE ON MONDAY? 20 dollars??? 15???? WAAAHHHHH!!!!!

MSFT cannot buy more then 15% of YHOO on the open market. Otherwise the poison pill provision kicks in.

 

Yang is already going to have to answer to his shareholders for this. Do you thnk he would further dilute the company?

 

It's already established he doesn't give a damn about his shareholders.

 

http://finance.yahoo.com/q/op?s=YHOO

Options activity on friday indicated that noone knew what the hell was going to happen, people believed the intensified talks were going to result in a much higher price...

 

I actually just went and looked at the 8-K from when YHOO issues the rights.

It's not dilutive to anyone except the party w/ the > 15% stake.

Basically, all shareholders OTHER then the one w/ the 15% stake get a right to buy $250 worth of YHOO stock at half price. (It's a $250 preferred convertible)

 

Good thing yahoo shareholders are protected by that poison pill.

 

I have no idea why shareholders would be dumb enough to vote FOR a poison pill.

 

well one thing for sure, Jerry will get so much shit from the shareholders, he'll grow another asshole. How can one refuse $47.5 billions ??

 

http://biz.yahoo.com/rb/080503/microsoft_yahoo.html

Laura Martin, a senior analyst at Soleil Securities, said Yahoo was demanding too high a price and she expected its shares to fall $8 on Monday when trading resumes on the Nasdaq. The shares closed up nearly 7 percent at $28.67 on Friday on hopes of an agreement between Microsoft and Yahoo.

"The Yahoo guys want too much money for their company. We think $33 a share is fair in the context of the weakening economic environment and adverse advertising trends," Martin said, who has a "hold" rating on Yahoo shares.

"I think you'll see a number of shareholder lawsuits on Monday. They've prioritized employees over shareholders in the hopes that someday they can create more than $8 billion of value, even if they have no track record of doing so," she said.

 

the real reason ballmer walked is goog. a 2-3 dollar difference wasn't it. g read ballmers letter to jerry, he spells it out.

watch for an announcement from yhoo re a goog alliance within days.


as for where will yhoo trade on monday....a gap down is in order, but my experience tells me that when everyone expects and is certain that a stock will go to "xx", it rarely does.