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Searching for Yahoo: Take Two?

One stock maven believes that the Wall Street collapse may reignite Microsoft's interest in Yahoo. The theory is that Yahoo is now far cheaper and the value of Microsoft cash is relatively undiminished.

This could well be true, though I still think buying Yahoo is a terrible me-too idea. And Microsoft has recently spent $80 billion buying back its own stock (a better investment than AIG, I dare say). Does Redmond still have the cash to snag Yahoo? And if not, can it borrow that amount in today's market? You tell me at [email protected].

By the way, we can no longer call Wall Street types gurus, experts or pundits after losing so much money. I lost the equivalent of a fully equipped BMW 640 last week -- what about you? Stories of possessions lost welcome at [email protected].

Posted by Doug Barney on 10/13/2008 at 1:16 PM


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