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Internet and Media, Investments, Internet

Yahoo, Microsoft 'Make-up' Rumors Persist


Seems to me there needs to be some investigation into the assertions by some sites that the two companies are still in discussions. What a surprise. Yahoo's stock immediately goes up! OK so after several sessions of hemorrhaging the entire sector rose today, a case of a rising tide lifts all boats, but isn't it a bit suspicious?

As expected, the Federal Reserve Chairman, Ben Bernake, left the prime interest rate at 2% today and this had to have had a global warming effect across the market's board, and yes maybe it was in part because of the executive re-org that CEO Sue Decker put forward yesterday, but what if it is certain major shareholders using the rumor-media to shift the stock price? Either way, I hope this is put to bed pretty soon, and one thing is for certain, if there is a new deal back put back on the table and these two companies just cannot keep away from each other, it probably won't be for the same $33 share price that Jerry Yang walked away from back in the Spring.

Yahoo closed up 11 percent on Tuesday and was down slightly to $22.01 at close of trading today. Microsoft was up 2.2 percent on Wednesday and closed at $28.35.