http://blogs.law.harvard.edu/philg/2008/05/05/microsoftyahoo-redux/ A posting every day; an interesting idea every three months... Fri, 27 Nov 2009 13:53:43 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://blogs.law.harvard.edu/philg/2008/05/05/microsoftyahoo-redux/comment-page-1/#comment-81031 David Wihl Wed, 07 May 2008 13:42:52 +0000 http://blogs.law.harvard.edu/philg/2008/05/05/microsoftyahoo-redux/#comment-81031 In response to your Feb post, I stated that "the only rational conclusion I can see from this deal is to buy Google stock.". 3 months later, GOOG is up 16% (vs 6% for S&P 500), mostly in the last month when Google influenced the deal. I think YHOO will never reach $37 - I believe it's only downhill from here and should be shorted. Why? It's clear they can't compete effectively with Google and if anything may need Google more in the future. As painful as it was for Ballmer's reputation, walking away from the deal is the right business decision to make for Microsoft. In response to your Feb post, I stated that “the only rational conclusion I can see from this deal is to buy Google stock.”. 3 months later, GOOG is up 16% (vs 6% for S&P 500), mostly in the last month when Google influenced the deal. I think YHOO will never reach $37 – I believe it’s only downhill from here and should be shorted. Why? It’s clear they can’t compete effectively with Google and if anything may need Google more in the future. As painful as it was for Ballmer’s reputation, walking away from the deal is the right business decision to make for Microsoft.

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