Yahoo rejects Microsoft's bid

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Yahoo! YaHoO!!!!!

Yes! Yess! YESSSS! Thank you Yahoo for not selling yourselves out to Microsoft. It's about time, one board of directors had the common sense to get their hands out of their pants and use their brains instead! Microsoft's bid to buy Yahoo creates rankor on the internet. It is a big business monopoly trying to swallow down all competition, especially intermediate and other larger fish in the pond. We need to have diversity in the market and that means, not letting any large corporation become such a mega-giant of a whale it cannot be brought under heal. Yahoo has done right for their investors, advertizers and the public by REJECTING Microsoft's unsolicited bid.

Just be aware, however, that Microsoft is absolutely familiar with the litigation scene. Since the days of fighting EU over IE in the Windows O/S, or the theft of proprietary Java from Sun, Microsoft has been in one constant legal battle or another...and I will not doubt that Microsoft is going to pursue an aggressive hostile take-over attempt of Yahoo. So be prepared for the worst battle!
In the mean time, I am hoping, strongly hoping, that the Securities and Exchange Commission denies the take-over attempt. I strongly believe that it is an anti-competitive move designed to eliminate competition, ensnare consumers to pay for services on Yahoo that are now freely offered and engulf consumers in Microsoft's typical pay-or-else scenarios.

This does NOT mean I do not like Microsoft or Microsoft products. I am a Microsoft stockholder. A portion of my retirement porfolio is invested in Microsoft and that means I have a financial stake in it's long term success. That is exactly why I am excited that Yahoo refused to be taken over.
I strongly believe that Yahoo knows better how to run Yahoo than Microsoft does or ever will.
And that means that $44 billion in assets, half of which would be subsidized, is not only a HUGE gamble and potential waste of money for Microsoft, it would indebt Microsoft which threatens it's stability and viability as a corporation. I would much rather see Microsoft re-invent themselves by other means. I strongly and vocally object to Steve Balmer and this attempt to wipe out competition. Competition is GOOD in a free marketplace, and we cannot have that, if Microsoft is the only player in town besides Google. I do not believe that it is in the best interest of Microsoft to purchase Yahoo or to get into areas that it knows rightfully are not it's source of revenue. I want Microsoft to continue to be the number 1 leader in software development. I want Microsoft to continue to bolster, strengthen and re-invent XBox's sales. I would especially like to see advances in the years of research work done in Artificial Intelligence brought to a full maturity (it is in an infantile stage now) within it's existing product lines and then broadened into full AI products for the mass market. I think there are so many exciting possibilities at Microsoft to create cash flow from the right sources. If Steve Balmer wants to give me a call, I can tell him how to Climb Mt. Fuji, since he doesn't seem to have a single clue.
I believe Microsoft must not be listening to their greatest invention any longer, their own employees, let alone their stockholders. I object to this move to take over Yahoo. I think it is egotistical and arrogant, poorly thought out, and a wrong direction to take.

That said, I think Yahoo has a fair chance to fend off, and I am totally FOR Yahoo in maintaining their freedom and independence.

YAHOO! To Yahoo. Boo Hoo to Microsoft!

Posted by: jimc52@...   Posted on: 02/11/08 You are currently: a Guest | Members login | Terms of Use

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