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SEO 1 Forums > Yahoo >

Stevie B walks away



Author Thread
dburdon
Senior Member


Joined: 02 Aug 2005
Good Posts: 1053
Location: Kent, England
Stevie B walks away  Reply with quote  

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 | Travel SEO | Pay Per Click Advertising
Post Mon May 05, 2008 5:01 pm
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nickberry
Senior Member


Joined: 22 Mar 2005
Good Posts: 223
Location: Dallas, TX
 Reply with quote  

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.


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Post Tue May 06, 2008 5:59 pm
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RedCardinal
Senior Member


Joined: 01 Aug 2006
Good Posts: 384
Location: Ireland/Thailand
 Reply with quote  

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
Post Tue May 06, 2008 9:17 pm
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zorgie
Full Member


Joined: 11 May 2007
Good Posts: 93

 Reply with quote  

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


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Post Wed May 07, 2008 10:26 am
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bermuda
Senior Member


Joined: 28 Apr 2006
Good Posts: 229

 Reply with quote  

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.
Post Wed May 07, 2008 2:42 pm
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quetivity
Preferred Member


Joined: 21 Nov 2006
Good Posts: 156

 Reply with quote  

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.


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Post Mon May 12, 2008 2:47 am
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dburdon
Senior Member


Joined: 02 Aug 2005
Good Posts: 1053
Location: Kent, England
Microsoft and Yahoo  Reply with quote  

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 | Travel SEO | Pay Per Click Advertising
Post Mon May 12, 2008 8:07 am
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RankSurge
Senior Member


Joined: 06 Mar 2005
Good Posts: 780
Location: Internet
 Reply with quote  

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.


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Post Tue May 13, 2008 6:42 pm
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RedCardinal
Senior Member


Joined: 01 Aug 2006
Good Posts: 384
Location: Ireland/Thailand
 Reply with quote  

The plot thickens:

http://biz.yahoo.com/cnbc/080513/24599711.html

Icahn circles...


I provide professional SEO services - Search Engine Optimisation - and conversion optimisation consulting.
On Twitter I'm Red Cardinal
Post Tue May 13, 2008 9:14 pm
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dburdon
Senior Member


Joined: 02 Aug 2005
Good Posts: 1053
Location: Kent, England
Yahoo and the P/E ratio  Reply with quote  

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 | Travel SEO | Pay Per Click Advertising
Post Tue May 13, 2008 10:11 pm
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tork311
Senior Member


Joined: 07 Dec 2005
Good Posts: 457
Location: Houston
 Reply with quote  

Yahoo got greedy and screwed their shareholders. I don't see how they can survive.


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Post Wed May 14, 2008 3:06 pm
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