My poor Yahoo! stocks have been falling ever since I bought in at a high $42/share. Now that their stocks have been consistently falling, and they have cut thousands of jobs Microsoft has stepped in, to once again, offer to buy the business. I think this is great for both Microsoft and Yahoo! since Microsoft can merge the two existing network of service to try and combat Google. And on the Yahoo! front, their steady downfall would lead to a closure of an internet pioneer.

My only issue is that even at a $31/share buyout, I still looks about $1200. But I guess that is better than loosing everything, which would have ultimately happened anyway.

Let’s see what happens in the coming weeks with this situation… And you can read the full article at Yahoo! Finance.