 |
User: Login |
Weblog covering digital business
Digital Business, Live From New York. |
| Address URL | http://www.alleyinsider.com/ Registered: 22-Mar-2008 |
| Ads: | |
 Send to email | "No Way Is Microsoft Walking. Price Going Up!" in YHOOMSFT |  By Silicon
el 25-Apr-2008 |
steveballmer3.jpg: Paste this image in your site, Myspace, Facebook, Ebay copy this code...
 Citi analyst Mark Mahaney, like many of our readers, doesn't think much of our "60% chance that Microsoft (MSFT) walks away from the Yahoo deal." On the contrary, he says, Microsoft (MSFT) has "no plan B." Consequently, the Yahoo (YHOO) bid is going up!
Mark:
We continue to believe that the most likely outcome is a deal at a somewhat (10%) higher price than the initial $31 per share offering. Four Near-Term Deal Possibilities:
1) MSFT & YHOO agree at a somewhat higher price (45% probability) - The most likely scenario, we believe. MSFT seems too committed to walk away. YHOO's Board would be hard-pressed to turn down a sweetened bid. And previous Internet deal multiples would support a raise.
2) MSFT goes hostile with its current offer (40%) - If there's no reaction at all from YHOO's Board, we think MSFT would be true to its word and go hostile. We think the degree of likelihood that 50% of shares would be tendered at the current offer is highly uncertain. And a hostile bid raises integration risk.
3) MSFT Walks (10%) -- Would MSFT really walk away after stalking YHOO for two years?! MSFT has $1B in operating losses to show for its organic Internet efforts over the last year. Google continues to take Search share and is entering Display. And no other move could address the scale/liquidity challenge of MSFT's ad platform.
4) MSFT & YHOO reach an agreement at the current price (5%) - YHOO's Board seems adamant that the current bid undervalues the company.
Here at SAI, we now see the proxy fight approach as running third behind 1) Walk, and 2) Raise bid. We just don't think a bloody proxy fight makes sense, in part because it is distracting, harmful, and not guaranteed to succeed. Even if it succeeds, moreover, many of the assets Microsoft is hoping to buy will likely just walk right out the door.
So we think Microsoft's two primary debates this weekend will be to walk or raise the price. If they go the latter route, we don't think a dollar or two is going to cut it. Which means that, after his remarks on yesterday's conference call about Yahoo's "unrealistic expectations," CFO Chris Liddell is going to have some explaining to do.
See Also: 60% Chance Microsoft Walks
Read 3 times
|
|
 |
 | Joystiq |  Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
| Microsoft drops price of Xbox 360 in Asia |  Filed under: Microsoft Xbox 360, Business
Microsoft has dropped the price of its Xbox 360 in four Asian markets: Hong Kong, Singapore, South Korea and Taiwan (via Bloomberg). According to Microsoft executive Jeff Bell, price reduction [..] Read complete article | | Published 30-Apr-2008 by Ross Miller in asiachinahong-kongkoreamicrosoftsingaporesouth-koreataiwan
Read 3 times. More hits in   |
|
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| More Xbox 360 Price Cuts Coming Next Month? [Rumor] | | Ars Technica's Microsoft mole is at it again, forecasting a follow up Xbox 360 price drop that will effect all hardware next month. Their mole previously leaked word of the price cut on the 20GB system leading up to Microsoft's E3 announcement on the subject. Here are the prices, so you don't have [..] Read complete article | | Published 01-Aug-2008 by Mike Fahey in Rumor Microsoft News price cuts Xbox 360
Read 0 times. More hits in |
|
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Frankenreview: Tiger Woods PGA Tour 09 [Round Up] | | Ah, the game of golf. Some consider the sport to be nothing more than badly dressed men walking through the park with sticks, but for hundreds of thousands of gamers it's actually about controlling badly dressed men walking throu [..] Read complete article | | Published 27-Aug-2008 by Mike Fahey in Round Up Ea frankenreview Original Tiger Woods PGA Tour 09 Top
Read 0 times. More hits in |
|
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Shane Kim: Don't Call It A Price Cut [Microsoft] | | Microsoft's Shane Kim has something he needs to tell you. Something about that 360 "price cut" on the weekend. Something important. The price reduction we announced yesterday is not a system price reduction; I want to be really clear about that because I don?t want people t [..] Read complete article | | Published 15-Jul-2008 by Luke Plunkett in Microsoft e308 News Xbox 360
Read 0 times. More hits in |
|
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Joystiq | Blogger | Covers video game news from an independent, unbiased perspective
Joystiq Joystiq |
| Not big in Japan: Xbox 360's price tag |  Filed under: Microsoft Xbox 360, Business
The Xbox 360's continued struggle to win the hearts, minds and tightly shut wallets of Japanese gamers is not without benefits for tardy adopters. Microsoft has announced a new price drop [..] Read complete article | | Published 02-Sep-2008 by Ludwig Kietzmann in BreakingNewsDesperationJapanMicrosoftPrice-DropXbox-360Xbox-360-60GBXbox-360-ArcadeXbox-360-Elite
Read 0 times. More hits in |
|
| Nerdblog | Blogger | Provides news about hardware, software, notebooks, laptops, PCs, Mac, PDAs
Nerdblog.Net |
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Microsoft Announce 60GB 360, Confirm 20GB Price-Cut [Xbox 360] | | Microsoft have just made a couple of 360-related announcements ahead of their E3 keynote on Monday morning. The first is that, as expected, the 20GB Xbox 360 will now be $50 cheaper, with a new retail price of $299 (note: no cuts for the Arcade or Elite). The second is that, also [..] Read complete article | | Published 13-Jul-2008 by Luke Plunkett in Xbox 360 Breaking Microsoft News Original Top
Read 2 times. More hits in |
|
| Kotaku`s The Gamers Guide | Blogger | XBOX 360 Gamers Weblog
Gossip, news and leaks for obsessive gamers Kotaku As if you don't waste enough of your time in a gamer's haze, here's Kotaku: a gamer's guide that goes beyond the press release. Gossip, cheats, criticism, design, nostalgia, pred |
| Wall Street Journal Jump On The 360 Price-Cut Bus [Xbox 360] | | Because it just isn't a 360 price-cut rumour party til the Wall Street Journal turns up. According to "people familiar with the matter", the 360 Pro's price will be cut by $50 "as early as Sunday", just in time for Microsoft's E3 keynote on Monday. As with the other 1,097 p [..] Read complete article | | Published 10-Jul-2008 by Luke Plunkett in Xbox 360 Microsoft News price-cut Wall Street Journal
Read 1 times. More hits in |
|
|
Warning We are not responsible of information posted from external feeds. Use this website at your own risk.
Notice: We will not be liable for any direct or indirect loss or damage arising under this disclaimer or in connection with our website, whether arising in tort, contract, or otherwise.
|
|
| |
Hello, Guest
Online: 143 visitors
+ fotos
Microsoft (MSFT) is cutting the price of the Xbox 360 in four Asian markets: Singapore, Hong Kong, China and South Korea. The cuts are between 5% (South Korea) and 20% (Singapore). Last month, when Microsoft cut price [..] 
Google (GOOG) is testing walking directions on its Maps site -- a once-handy Ask.com (IACI) feature that no longer exists.
Walking directions complement Google's exist [..] 
