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May 8, 2008

The Queen Stands Alone

20080507173011queen chess piece-jpg.jpegYahoo, Yang and company have escaped their unwanted suitor. Analysts are still trying to force the marriage. But now the only possible thing that could make this union attractive to Microsoft/Balmer is the time it would save them in seeking new alternatives. A task they have probably already begun anyway, but still not a welcome one.

The problem Yahoo! faces is much larger. In their desperation to escape Microsoft they explored myriad alternative mergers/partnerships or sales and for whatever reason; money, control, logo size, either Yang or the other party (AOL, NewsCorp, Google…..) found all of them unacceptable.

Now the stock is stuck, faith in the leadership has evaporated, shareholders are suing and their only option is to stand alone. This really is the classic case of “be careful what you wish for.”

Or call Steve Jobs. Ok, it is a mad idea but I can’t let go.

Posted under: All That Racket