Comments on: AOL and Yahoo star in “Spawn of the Ugly Ducklings” http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/ Have Blog. Will Travel. Sat, 11 Feb 2012 18:54:27 +0000 hourly 1 http://wordpress.com/ By: AOL and Yahoo star in “Spawn of the Ugly Ducklings” | aCatalog Blog http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-82097 Wed, 26 Nov 2008 18:16:14 +0000 http://joeduck.wordpress.com/?p=2369#comment-82097 [...] Source: Joeduck.com Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages. [...]

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81969 Thu, 20 Nov 2008 01:26:37 +0000 http://joeduck.wordpress.com/?p=2369#comment-81969 (29) If Microsoft keeps up their tough talk you could Yahoo a lot lower than $9…be careful.

Dollar cost averaging is great as long as you can buy enough when it is really low.

]]> By: JoeDuck http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81963 Wed, 19 Nov 2008 22:45:18 +0000 http://joeduck.wordpress.com/?p=2369#comment-81963 Luckily? for me my money didn’t hit my account yet, so I’ll be buying my new Yahoo cheaper than ever…

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81960 Wed, 19 Nov 2008 21:47:49 +0000 http://joeduck.wordpress.com/?p=2369#comment-81960 Joe,

Now Yahoo has moved into an interesting area. I still think Microsoft will fire sale Yahoo but it really is a shame what Yang has done to his loyal shareholders…can you say “class action”…?

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81936 Tue, 18 Nov 2008 11:40:40 +0000 http://joeduck.wordpress.com/?p=2369#comment-81936 Yahoo CEO Yang to Step Down.

Yahoo is hunting for a new CEO after Jerry Yang announced plans to step down due to public pressure

Yahoo has confirmed that co-founder and CEO Jerry Yang will step down, and the search for a replacement has begun.

They should actually toss him from the company and Yang and the executives that ran their stock down because of the arrogance should surrender a major chunk of stock back to the company.

http://www.dailytech.com/Yahoo+CEO+Yang+to+Step+Down/article13453.htm

The stock might actually gain a little from this but I think they will break through the $10 line of resistance soon and then it will be too tempting for Microsoft to resist.

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81857 Thu, 13 Nov 2008 14:45:52 +0000 http://joeduck.wordpress.com/?p=2369#comment-81857 Interesting read on how Yang’s bad decision cost Yahoo shareholders $24 billion. Maybe he can ask for it back out of the bail-out. Surely Yahoo is too big to fail.

http://www.dailytech.com/YahooMicrosoft+Retrospect+Refusal+Cost+Yahoo+Shareholders+244B+USD/article13421.htm

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81710 Fri, 07 Nov 2008 13:54:59 +0000 http://joeduck.wordpress.com/?p=2369#comment-81710 Joe some more disturbing news about job loss…it seems ADP has been understating private sector job losses by an average of 104,000 per month.

Jobless rate is now at least 6.5%.

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81707 Fri, 07 Nov 2008 11:55:46 +0000 http://joeduck.wordpress.com/?p=2369#comment-81707 Microsoft CEO Steve Ballmer said Friday that Microsoft is “not interested” in making a new offer for internet company Yahoo, despite Yahoo’s share price currently sitting at less than half what Microsoft initially offered.

Speaking at a Committee for Economic Development of Australia lunch in Sydney on Friday, Ballmer said: “Look, we made an offer, we made another offer. It was clear that Yahoo didn’t want to sell the business to us, and we moved on.”

Ballmer said other deals with Yahoo had also been unsuccessful. “We tried at one point to do a partnership around search, not advertising. That didn’t work either, so we moved on, and they moved on.”

“We are not interested in going back and re-looking at an acquisition,” he said. “I don’t know why they would be either, frankly.”

More here…
http://news.cnet.com/8301-10805_3-10085104-75.html?part=rss&subj=news&tag=2547-1_3-0-20

Yesterday Yahoo! kind of held its own on the market probably because of Yang’s comments…now with Ballmer’s comments I would expect Yahoo! to drop today.

]]> By: Joe Duck http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81703 Fri, 07 Nov 2008 03:21:31 +0000 http://joeduck.wordpress.com/?p=2369#comment-81703 Glenn I agree the job losses are going to be significant. Tomorrow the jobs report is supposed to have bad news but I don’t think we’ve seen the end of this. In fact I think we’ll see another 1-2 years of the economy shrinking, though with all the Govt is pouring in we’ll eventually get relief having pushed the massive debt problems forward another decade or so by continued reckless spending.

]]> By: glenn http://joeduck.com/2008/10/06/aol-and-yahoo-star-in-spawn-of-the-ugly-ducklings/#comment-81699 Fri, 07 Nov 2008 00:57:18 +0000 http://joeduck.wordpress.com/?p=2369#comment-81699 I think Microsoft is going to strip what it wants out of Yahoo! It is an unfortunate reality with this economy and they will end up with some amazing IP for pennies on the dollar and they will be able to pick the cream of the crop out of Yahoo!

We are about to witness as massive amount of job loss here in the last two months of the year. I think we could see some major players shave as much as 20-25% of their workforce very soon.

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