Roy Schestowitz wrote:
> Microsoft's $80 Billion (and Growing) Yahoo Headache
>
> ,----[ Quote ]
> | But Microsoft has lost nearly $40 billion in market cap in the eight
> | trading days since they made their offer.
> |
> | [...]
> |
> | Cue a sad song from the world?s smallest violin, please. And pass the
> | popcorn.
> `----
>
>
http://seekingalpha.com/article/63912-microsoft-s-80-billion-and-growing-yahoo-headache?source=yahoo
Roy,
You missed the best part:
"It may be a coincidence that the amount of market cap that has vanished is
almost exactly the same as the bid amount (the two numbers converge as
stockholders flee Microsoft). But coincidence or not, Microsoft has shrunk
by a Yahoo in the last eight days."
Investors flee to the tune of 40 billion dollars! hheheeehhehe
--
Jerry McBride (jmcbride@xxxxxxxxxx)
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