Yahoo Board making mistake and MSFT will win either way.....
I agree too. These analyst firms are paid for by others to sway opinion and should be disbanded altogether. In light of the current banking & corps CEO fraud revealed, many ratings agencies are now going under federal investigations, especially related to "valuing" stocks and other securities as has lead to the global melt down from CDO's and even the bond rating agencies themselves are going to be under newer stricter federal regulations as it has been found they also were biassed in helping create a massive fraud on the public and millions of small investors in this real estate CDO leveraged fairy taled nonsense they all had a hand in creating..... I don't believe analysts as their root word is "anal" and brokers root word is "broke". Time has proven both very bad for the small private investor.
But like I said before, MSFT will win either way. Right now the expected Corp Yahoo board rejection will be perceived as a less debt risk for MSFT and boost MSFT's stock higher. Yahoo is in trouble, no doubt. But MSFT will now do what Yamana Gold did this time last year, and that is get SEC approval to make public offer of acquiring all outstanding shares of Yahoo stock to the shareholders and ask them to vote, something which the Yahoo corp board cannot do a damn thing about.
If MSFT wants Yahoo bad enough, then this is where the shareholders' votes will matter, and if the majority of YHOO shareholders vote for this acquisition, many top Board people in YHOO will lose their high paid jobs and special perks and why they whine like they do. This is nothing new.
Go back last year and research Yamana Gold verses Meridian Gold and the very same thing occurred there too, but Yamana, like MSFT, will prevail nevertheless as when shareholders are given a vote, I believe you will see the majority of YHOO shareholders go for this merger as it will make shareholders a lot of $$$$$ and the Bord at Yahoo will be destroyed, and possibly a few given jobs on the Board at MSFT, which is what Yamana offered to Meridian Directors when the ahareholders voted there...
