Stocks


Techcrunch has posted more news about Microsoft and Yahoo Talking, again… I hope a deal sees the light soon, because, I think Yahoo on its own will probably soon see $15 a share and then fall steadily lower to under $10 a share. I do not know much about stocks, but this just seems like it will be this way in the near future.

My advice (if it mattered): Microsoft and Yahoo, do not bitch out on shareholders again, get the job done!

A couple days late as I have been swamped with work and personal tasks… Yahoo bitched out and will be merging some of their services with Google in an attempt to save the failing company. TechCrunch has the article explaning more detail of the situation. Lets hope that the douchebag Jerry Yang didn’t totally screw over Yahoo’s shareholders by ditching the Microsoft deal.

From MarketWatch:

Tumbleweed Communications, the Redwood City, Calif., provider of secure content-delivery solutions, plans to be acquired by Sopra Group for $2.70 a share cash, the companies said in a statement on Friday. Based on Tumbleweed’s 52.2 million fully diluted shares outstanding at March 31, the deal is valued at about $141 million. Sopra is the Paris consulting- and information-technology-services provider…

more…

I guess that means my dad and I loose out on ~$0.50 per share. Oh well right? I will approve it with my vote, its better than being down over $1.50 per share, with no reason to go back up.

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.

Sun Microsystems announced on January 16th that it is to purchase MySQL for a total of $1 Billion USD, broken down to $800 Million for all MySQL stock and another $200 Million for options. The final process should be happening around Q3 or Q4 of Sun’s fiscal 2008.

I think this is going to mean some big changes, and most of them probably a good thing for an ever-expanding community of open source and enterprise solutions!

You can read more detail of the buyout at the MySQL website.