YAHOO SHARE PRICE ON MONDAY? 20 dollars??? 15???? WAAAHHHHH!!!!!
- Thread starter jackstone54
- Start date
Although I can feel for his hate for M$ I think if he really hated them he should have let them buy. It would have grounded that ship, money spent and lost forever on a worthless company. The demise of M$ would have come 5 years sooner than it will now. As Yahoo itself too.
They're both dinosaurs, living from acquired fat but soon extinct.
Ursa..
Yeah its down over 20% LOL!
Terrified Bill Miller in the New York Times this morning:
"Mr. Miller appeared to be applying some pressure of his own, saying that he expected Yahoo to use a good portion of its approximately $2.3 billion in cash to buy back shares.
âIt would be almost incoherent not to do so,â Mr. Miller said. âYou canât maintain that $33 undervalues your company, have your stock trade below that, and not buy back stock.â Analysts say that Yahooâs shares, which closed at $28.67 on Friday, are likely to drop below $25 and perhaps as low as $20 on Monday."
"Mr. Miller appeared to be applying some pressure of his own, saying that he expected Yahoo to use a good portion of its approximately $2.3 billion in cash to buy back shares.
âIt would be almost incoherent not to do so,â Mr. Miller said. âYou canât maintain that $33 undervalues your company, have your stock trade below that, and not buy back stock.â Analysts say that Yahooâs shares, which closed at $28.67 on Friday, are likely to drop below $25 and perhaps as low as $20 on Monday."
holding up better than I expected