Yahoo tells Microsoft: 'Buy us'

Yahoo was a good company, but they missed their mark. Ironically, it wasn't Yang's fault. His predecessor who decided that Yahoo should be a media company (ala AOL) rather than a tech company (ala Google) screwed it up. So, the technology languished as they tried to throw poorly construed media at people. Only problem is that isn't profitable. Tech is.

So, now Yahoo either has to spend a ton to catch up with a company (Google) that shows no signs of slowing down or combine forces with another tech firm (Microsoft) who might be able to eek out something. Neither looks promising, but one definitely looks better.

Never get involved in a land war in Asia, but only slightly less well-known is this: never go in against Microsoft when time is on the line.

If I were MS I'd have some fun with this. Offer $5/share and wait for the market to catch up.

Uff. Is Yahoo now banging their heads against the wall for not accepting the deal the first time? And is Microsoft drooling at this 50%~ sale on Yahoo's price?

Waiting for the next chapter of this soap opera...

Yahoo, please decide what you really want to do in life! You are being extremely fickle minded. Arghh..

I think the last chapter reads: "The smart money always knows when to sell."

Jerry Yang is a great American entrepreneur, but he did miss the mark by a wide margin on this.

This is the worst time to sell, and the best time to buy.

He's just trying to drive the share price back up.

he is offering to sell because Yang knows it is only going to get worse and lower. and he is still making more to sell now then later.

If MS ends up buying Yahoo, what will happen to Zimbra?

Does anyone else think he sounds like a tool? Maybe the article quoted him out of context, but... "They walked away from a public offering and we were ready to negotiate. We wanted to negotiate a deal. We felt we weren't that far apart. At the end of the day, they withdrew and they have since been clear about not wanting to buy the company," "Buying AOL? I can't talk about that, John. If I told you I would have to kill you." Mr Yang said he was "disappointed that they [Google] didn't want to defend this deal." "So I clearly don't agree with what the viewpoint is, but they are the government and they can decide on these things." You know what quote I didn't see? "WE MASSIVELY SCREWED UP AND ARE WORKING ON IT" ---> Which is what everyone thinks... if they came out and said it, then put out a cohesive-seeming turnaround plan I reckon much good would come of it. Criticizing other company for not buying your company that lost half its market value, criticizing the larger profitable player who almost wrote you a billion dollar check for not fighting hard enough for it, criticizing the government... not so much good there.

Too late!