Buy Yahoo - Get A Free Box Of Cracker Jacks!
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Yahoo had started sniffing around seeking a possible bid from Microsoft. It seems that the search company hasn’t fared very well this past year, and selling out was now an option. Only one small problem. Microsoft has said no to Yahoo and no to CEO Yang.
Microsoft had originally offered to buy Yahoo at $33 a share. But Yahoo said no to the offer. Now Yahoo’s stock has fallen down to under $14 a share. :-( It makes one wonder. How can intelligent human beings act in such a silly fashion? How are the folks at Yahoo going to explain to their investors that $33 wasn’t a good deal? I would like to be a fly on the wall at the next stockholders meeting.
I would suggest that Yahoo give away a box of cracker jacks when they try to sell. At least the buyer can look forward to the surprise in the box.
Comments welcome.