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Originally Posted by Jakarta Expat  Yahoo has faired quite well today, considering where it was the day before the MS announcement was made that they wanted buy Yahoo. Yahoo would have to fail an additional 5 1/2 to 6 bucks per share to be back to that pre MS level............ Yahoo! Inc (YHOO) - Stock chart, Index chart - MSN Money |
But, as usual, you fail to point out that Yahoo was at 31.36 in November and MSFT's offer just brought them back to that level. And at this time they are below 25! The idiots at Yahoo just passed up a $33 guarantee from MSFT. What is it they say about a bird in the hand...? I for one hope they drop back below the previous $19 low. MSFT's offer brought them from $19 to $38 and now they can just Go Fish!