[FoRK] Balmer's Folly?
Tom Higgins
tomhiggins at gmail.com
Mon May 5 18:20:49 PDT 2008
Reading the headlines and feeds today it seemed all about Yahoo loosing big
time. Thanks to
kottke for bring the numbers home to roost.
http://www.kottke.org/08/05/yahoo-stock-plunges
The day before the offer
YHOO = $19.18/share (market cap: $26.4 billion)
MSFT = $32.60/share (market cap: $303.6 billion).
After the bid falls
YHOO = $24.37/share (market cap: $33.5 billion)
MSFT = $29.08/share (market cap: $270.8 billion).
Yahoo gains $7 billion
MS lost $33 billion.
Yep, its seems its a bad day to be a bald headed sweaty little turd in
Redmond.
-tom(balmers folly, i hope that sticks)higgins
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