Yahoo! 9$/share still not low enough for Ballmer?

Thu 20 November 2008 16:02, Nuno Hipólito

Yahoo! 9$/share still not low enough for Ballmer?

Ballmer said in a press conference in Australia, that even with Jerry Yang (Yahoo! CEO) out of the picture, Microsoft would not setup a new bid to buy the company. But is he just bleeding out the stock value for all it's worth?

Since the first bid Microsoft made for Yahoo! crashed, some people said that Ballmer would likely wait for the crash of Yahoo! to buy it really cheap, instead of seting up a new, increased bid.

Although Ballmer still rejects buying Yahoo!, does he really mean it? Microsoft market share is still in the one digit area in the US, and it will likely be that way for years to come. Even with Microsoft focusing now in the "cloud" aspect of its business, search is still a big focus to them.

So the real question is if Ballmer is bluffing or not? Was the refusal of the initial bid for Yahoo! really great business for Microsoft that can easly wait out the bleeding of the stock and buy really cheap later on, and a great crash for Yahoo! investors?


  • Comments (2)
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Comments (2)

 

    • Frank Johnson

    I think he's bluffing, it's a matter of time before Microsoft will go in there I think.

    Zo 23 nov 2008, 06:31


    • William Dalton

    And then they safed quit some money!! About 20 billion?

    Di 25 nov 2008, 17:20

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