Ballmer Wears Poker Face in Advance of Ultimatum Deadline
Posted by Admin on April 25th, 2008 at 02:40am
Yahoo earnings? What Yahoo earnings? Steve Ballmer doesnt seem to care about no stinking Yahoo earnings. Or their Google Adwords test. Or their three year revenue projections. Or their talks with Time Warner. Or forming the OpenSocial Foundation with Google. Or planning to make IndexTools free (like Google analytics).
Ballmer wants Yahoo at $31 a share and thats that. Hes talking tough, saying hell go forward without a merger. But almost no one believes him. Analysts still think the bid will be raised to anywhere from $32 to $34-ish per share.
Which brings us to Jerry Yang. Hes got a poker face too, according to the analysts. Yahoo has already said No to Microsofts bid and then issued a reminder after Ballmers eviction notice. But many think Yahoo will indeed go for the sale should the bid be increased.
Increase or no increase, Wall Street seems to want this deal to go through. Unlike Google, Yahoos positive earnings were followed by loss on stocks on the Street. Though Google is a pesky reminder that Wall Street doesnt always know what its talking about.
Culture clashes could cause huge problems for Ballmers goal of giving Google a run for its money. And, this will be especially true if it turns out that there is no bluff to call.
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[Source: Search Engine Watch Blog]
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