I don't know if this blog is truely boring, but I just thought the name would sound cool
Tuesday, February 5, 2008
Microsoft vs. Google
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.
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