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Re: Yahoo/Microsoft Bid Appears to Fail, Microsoft Takes Plunge

____/ Jerry McBride on Thursday 07 February 2008 02:47 : \____

> nessuno@xxxxxxxxxxxxxxxxxxx wrote:
> 
>> On Feb 6, 4:29 pm, Roy Schestowitz <newsgro...@xxxxxxxxxxxxxxx> wrote:
>>> Microsoft's Offer To Yahoo Falling
>>>
>>> ,----[ Quote ]
>>> | In all of the Microsoft-Yahoo talk so far, no official deadlines have
>>> | been
>>> | given.  There may be an implicit hurry-up factor, however, as it seems
>>> | that Microsoft's sinking stock price could force it to adjust the deal.
>>> |
>>> | The offer of $44.6 billion was made back when Microsoft was worth
>>> | around
>>> | $33.60 per share.  But since it was actually a half-cash, half-stock
>>> | offer, and Microsoft is now at $29.07 per share, the grand total is now
>>> | closer to $41 billion.
>>> |
>>>
>> 
>> I don't watch MSFT stock.  Is it really back down to $29?  If so, Ray
>> Lopez 0.999 has lost a wad of cash.  Too bad.
> 
> 
> Yeah... pity... but no doubt he's in it for the long run... Yeah, it'll turn
> around now... real soon...

Microsoft can't carry on with the buybacks forever. How much was it? $80
billion in buybacks? Didn't Microsoft approach the bank for a load just a few
days ago. Oh boy!

-- 
                ~~ Best of wishes

Roy S. Schestowitz      |    Prevalence does not imply ideali$M
http://Schestowitz.com  |  GNU is Not UNIX  |     PGP-Key: 0x74572E8E
      http://iuron.com - proposing a non-profit search engine

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