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Stevie B walks away
dburdon
Senior Member

Joined: 02 Aug 2005
Good Posts: 1097
Location: Kent, England |
| Stevie B walks away |
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Well Stevie heeded my advice and walked away. As I see it Steve Ballmer realised that Jerry Yang's overtures towards handing his paid search business over to Google Adwords were close to blackmail.
Yahoo was never worth the $37 per share demanded by Yang. Now Yahoo's shareholders must pick up the pieces.
See the full Steve Ballmer rejection letter:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/04/cnmicro304.xml
Simply Clicks | SEO Company | Travel SEO | Pay Per Click Management |
Mon May 05, 2008 5:01 pm |
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nickberry
Senior Member

Joined: 22 Mar 2005
Good Posts: 223
Location: Dallas, TX |
I'm not really surprised, rumor has it though this is Microsoft's way of slamming yahoo into the ground for the fatal blow before the vultures they really are coming back.
As of right now yahoo is still 3 dollars below close on Friday afternoon. So we'll see what happens from here out.
|thetagbox.com| |
Tue May 06, 2008 5:59 pm |
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RedCardinal
Senior Member

Joined: 01 Aug 2006
Good Posts: 384
Location: Ireland/Thailand |
Weird thing is te amount of froth still in the share price. Read some gas commentary about shareholders revolting after Y! shunned the offer.
I provide professional SEO services - Search Engine Optimisation - and conversion optimisation consulting.
On Twitter I'm Red Cardinal |
Tue May 06, 2008 9:17 pm |
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zorgie
Full Member
Joined: 11 May 2007
Good Posts: 93
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I'll be really interested to see Yahoo!'s response to all of this... Will they still pull in the Google paid ads? Will they turn around and start working on some really cool Paid stuff, maybe they will put a little more effort into their search proposition as a whole... I think they have loads of potential, but other things have taken focus away from search...
I sincerely hope they will put some effort into Panama as I have pulled out of that almost completely simply because of their lack of effort.
z
Online Marketing East Anglia | Online Marketing Cambridge |
Wed May 07, 2008 10:26 am |
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bermuda
Senior Member
Joined: 28 Apr 2006
Good Posts: 256
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Well, I hope they still continue running on their own tactics for the future. Whatever happens, having only two monster engines might not be that great as people love competition and enthusiasm.
| Banner Design | MySpace Layouts | |
Wed May 07, 2008 2:42 pm |
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quetivity
Preferred Member

Joined: 21 Nov 2006
Good Posts: 156
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Google has been introduced to us little over ten years ago. How come all major companies in the advertising industry just stood by letting Google tare them apart and the mess continues. Are we simply expecting another Larry Page to just come along and take over or do we have smart enough people to come up with some revolutionary idea.
Cheap Bluetooth Headsets and Car Kits |
Mon May 12, 2008 2:47 am |
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dburdon
Senior Member

Joined: 02 Aug 2005
Good Posts: 1097
Location: Kent, England |
| Microsoft and Yahoo |
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In my opinion Microsoft still want Yahoo. But they realise that Jerry Yang's price expectations were just too high. They'll be back when Yahoo realise there's only one company with the resources to buy them.
Simply Clicks | SEO Company | Travel SEO | Pay Per Click Management |
Mon May 12, 2008 8:07 am |
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RankSurge
Senior Member

Joined: 06 Mar 2005
Good Posts: 789
Location: Internet |
I just hope that when that day comes, Yahoo will still be allowed to operate as it does now - the idea of Microsoft owning Flickr and forcing everything into a Windows environment viewer (just guessing) would be frustrating.
SEO Marketing SEO News Star Wars
Video Game Hall of Fame |
Tue May 13, 2008 6:42 pm |
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dburdon
Senior Member

Joined: 02 Aug 2005
Good Posts: 1097
Location: Kent, England |
| Yahoo and the P/E ratio |
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RC,
I'd agree that there's other things that will happen to Yahoo. The problem is that with a declining market position its difficult to justify Yahoo's current P/E ratio of 35. If nothing does happen, then the share price will start to slide.
Simply Clicks | SEO Company | Travel SEO | Pay Per Click Management |
Tue May 13, 2008 10:11 pm |
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