Yahoo earnings rise on Alibaba stake
,----[ Quote ]
| Yahoo's first-quarter net income increased dramatically, but most of the gain
| was from a noncash gain from the search engine's stake in Chinese Web site
| Alibaba.
|
| [...]
|
| Strong results could help coax Microsoft to offer a higher bid, an outcome
| many analysts see as the most likely outcome for Yahoo. Citigroup analyst
| Mark Mahaney has a Yahoo stock price target of $34 "based on our belief that
| Microsoft remains committed to its unsolicited $31 bid offer and is capable
| of and willing to increase that bid in order to conclude this deal."
`----
http://www.news.com/8301-10784_3-9925658-7.html?part=rss&subj=news&tag=2547-1_3-0-20
Ballmer already tries to downplay this. Unless they walk away they'll need to
arrange a larger loan from the bank (Microsoft is running out of money to
return to its investors).
Recent:
Microsoft says to borrow money for Yahoo deal
,----[ Quote ]
| Microsoft Corp said on Monday it may borrow money for the first time in its
| history to fund a portion of its $44.6 billion unsolicited offer for Yahoo
| Inc.
`----
http://www.reuters.com/article/companyNews/idUSN0455692920080205
Microsoft's DreamSpark – What a Giveaway
,----[ Quote ]
| The rest of the $44.6bn (£22.3bn) deal would be financed with an undisclosed
| amount of credit.
|
| What that means is that it must squeeze as much money as it can from its
| operations to fund that debt and still pay dividends to shareholders, who
| will be looking for some payback from the Yahoo takeover. Giving away
| software is the last thing it would want to do in these circumstances, and
| the DreamSpark announcement shows just how worried it is about the future.
`----
http://www.linuxjournal.com/content/microsofts-dreamspark-%E2%80%93-what-giveaway
Bear Stearns's Advice To Microsoft
,----[ Quote ]
| Co-founder Bill Gates can't be thrilled with watching
| Ballmer drain the company's cash. He didn't get so rich by buying at the top
| ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
| of the market.
`----
http://www.forbes.com/technology/2008/03/17/microsoft-bear-stearns-tech-ebiz-cx_ec_0316msft.html
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