Linked by Thom Holwerda on Sun 4th May 2008 07:19 UTC, submitted by sonic2000gr
Earlier this year, Microsoft offered to purchase search engine company Yahoo, however, the board of directors of Yahoo shot the offer down beause it 'massively' undervalued the company. This ignited an acquisition dance that took a few months, and rumours were abound as to what either of the two would do next.
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Member since:
2005-07-06
People keep saying this over and over in various forums.
But it shows they obviously have no clue how the market works.
Sure, yahoo's stock will go down next week.
But guess what, if word gets out that Microsoft is interested again, the stock price will go right back up like magic.
People who seem to think Microsoft can just wait and swoop in to get a bargin just don't understand the stock market at all.