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Friday the Thirteenth Part 4: MicroHoo Lives!

by John Paczkowski
Posted on June 24, 2008 at 11:11 AM PT

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Rumors of renewed talks between Microsoft (MSFT) and Yahoo (YHOO) are as inevitable and persistent as “Friday the 13th” sequels–and not nearly as entertaining.

Shares of Yahoo spiked this afternoon on rumors that Yahoo is back in merger or partial acquisition talks with Microsoft. YHOO rose 5.2% to $22.56 in afternoon trading before falling to its knees again after a source close to Microsoft told CNBC there are no new negotiations between the two companies. “There is no deal for the whole company, and nothing has changed as of today,” the source said.

But as BoomTown notes, perhaps it should.

Print Post to Twitter Comment | Kara has a related opinion Tagged: Digital Daily, John Paczkowski, Microsoft, Yahoo, search, , | permalink

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Another View

Kara Swisher

Right now, Yahoo shares are flirting with a dangerous threshold of below $20 a share--at this moment, shares are at $20.88. Of course, the last time Yahoo went under the $20 level is when Microsoft mounted its takeover bid for the company, which was unveiled Feb. 1. "Depressed does not even begin to describe it," said one major Yahoo shareholder, in response to BoomTown's query about what the mood was among Yahoo investors.

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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

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Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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