Posted in Investing on May 3rd, 2008 No Comments »
Microsoft CEO Steve Ballmer wrote a letter to Yahoo Co-Founder Jerry Yang formally withdrawing his offer to acquire the search engine for $33 per share, a 70% premium to it’s price before the offer was announced.
Ballmer cited Yahoo’s unwillingness to accept an offer below $37 per share and attempts to cannibalize their own search engine [...]
Posted in Investing on May 2nd, 2008 No Comments »
Despite Microsoft’s threats of walking away from their $31 per share offer for Yahoo after last weekend, unconfirmed reports from inside the two companies point to a higher offer to come from Microsoft in the near future.
Microsoft CEO Steve Ballmer announced a few days ago that his company would be willing to pay $32-33 per [...]
Posted in Investing on Apr 27th, 2008 1 Comment »
On Friday morning I decided to enter in some trades that take advantage of the Microsoft/Yahoo deal drama that has been going on for a while. Microsoft set a deadline of Saturday April 26 (yesterday) for Yahoo to accept it’s unsolicited offer of $31 per share. I saw an opportunity to enter into an option [...]
Posted in Google, Investing on Apr 17th, 2008 No Comments »
Google surprised analysts today by reporting a 30% increase in net profit for the first quarter of 2008. The news boosted Google stock 17% in after hours trading to 525 per share.
Google was beaten down lately because of reports about decreased click through rates and the effect it would have on earnings. But, what many [...]
Posted in Economy, Investing on Mar 17th, 2008 No Comments »
Shares of Bear Stearns (BSC) took a dive today amid news of a $2 per share buyout offer from JP Morgan and a government bailout. I’m truly upset that the federal government has had to resort to bailing out institutions who made horrible investing decisions and lost billions of dollars. It just really burns me [...]
Posted in Investing on Feb 27th, 2008 No Comments »
The European Union sure does have it out for Microsoft. The EU has imposed a record setting fine against the world’s largest software maker in retaliation for what it considers unreasonable prices being charged to companies seeking to design software compatible with the Microsoft Windows Operating System.
Microsoft is trading down only slightly at the open, [...]
Posted in Investing on Feb 26th, 2008 No Comments »
RF Micro Devices, a stock I wrote about as a good buy about a month ago, has seen investment interest from a fund controlled by George Soros. The fund has announced a 5.15 percent stake in RF Micro today. It is unclear when the shares were accumulated and at what price, but it is certain [...]
Posted in Investing on Feb 15th, 2008 No Comments »
You know that the market is down when Warren Buffet begins to see opportunity around every corner. An announcement was made Thursday about Berkshire Hathaway’s purchase of a very large stake in Kraft Foods, making it the largest shareholder of the maker of many consumer staple food products.
The Kraft purchase is only one of the [...]
Posted in Google, Investing on Feb 9th, 2008 No Comments »
On Monday, Yahoo will be announcing that they are rejecting the unsolicited $44.6 Billion buyout offer they received from Microsoft earlier this month.
This is exactly the move I was hoping for. Depending on how traders take the news on Monday, Yahoo shares could climb if they believe Microsoft will make a counter-offer or they could [...]
Posted in Google, Investing on Feb 6th, 2008 No Comments »
I’ve been watching the news relating to the Microsoft bid for Yahoo very closely and I think that an increased bid around $40-45 per share could be in the offing. I am considering entering a position in Yahoo for this very reason as it appears that there is very little worry of any antitrust issues [...]
