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michael's review
Investment Sector: Equities Submitted by Michael 
, Director of Engineering
at Auctoritas
7 months ago Tags: Yahoo internet Add Tag |
Investment Opportunity
Super interesting to watch this. As Microsot walked away from the deal, some users on FinGad have said that Yahoo! stock is attractive.
Now that Carl Icahn has stepped in and bought 50M shares of Yahoo!, that in my mind makes Yahoo! even more attractive. The information that Carl has is different then the information we have, I'm willing to bet. Also, knowing that Carl does not invest in the stock market often, makes this bet look like he believes the stock will climb higher over the long term. I don't think we will see a dump of that many shares any time soon. Hence, anyone who picked up Yahoo! at it's lowest after Microsoft walked away stands to benefit.
Now we'll see what happens to the board with new ownership coming in. My guess is there will be a fight to replace some members. And considering Yahoo! has a ton of technology and great talent, the company is getting a kick and I believe will continue to innovate.
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