To try to compete with Google in online search and advertisements, Microsoft is offering to buy Yahoo at a 60% markup price of $31 a share on Friday Feb. 1. Yahoo stock went up 40% immediately from $19 to $28. It is still rising slowly as of today. This stirred a lot of discussion, and I see some articles such as "Making sense of Microhoo" and "Why Yahoo should say yes to Microsoft". I find it interesting to follow the commotion, even though I didn't buy those particular stocks. I also don't feel bad that I didn't buy the stocks beforehand, maybe because I don't have cash to begin with. It is something to keep in mind though; maybe in the future I will have a chance to see another such sudden jump in stock value when I happen to hold the stocks. I will see what happens to Microhoo in a few weeks.
WCAX Coverage of GoldenDomeVT.com Website
2 days ago
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