Microsoft Panics, Overpays For Yahoo by Mish
Well, this is some article I strongly disagree.
Yes, Google is better search engine, but Yahoo has lots of value - their e-mail is most popular free e-mail, and Yahoo Finance is best "Finance" site. Lots of people go to Yahoo page every day, not to search, but they just "visiting".
It is obvious Microsoft can not buy Google, so why not get Yahoo ;) . Price is high now, but see Yahoo price 2 weeks ago.
I do not like MSFT, nor Yahoo, nor Google.
However if I was Microsoft I would do the same.
According to Alexa, this is how "top internet sites" are ranked:
1. Yahoo.com
2. Google.com (includes GMail.com domain)
3. YouTube.com (own by Google)
4. Live.com (Microsoft)
5. MSN (Microsoft)
Of cource this is calculated by Alexa toolbar, but anyway real situation is similar.
Final words
I would not invest in any technology shares right now, but Microsoft must, because what they do is accuiring a company, in order to get better "Internet market" share etc.
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