fearlessrick - 4:59 am on Feb 12, 2008 (gmt 0)

Hate to say it, but Yahoo has blown it again. The company isn't worth what MSFT already offered.

Yahoo has made error after error, since they took on first, Tim Koogle and then Terry Semel. Neither of them understood the culture or the organism. Now the slippage has been so severe, they are trying not to be taken over.

If I was a stockholder, I'd be incensed. The Microsoft offer was a 61% premium over the current share price and these morons in the board room think it's not enough?

They'll be lucky to end up with a couple of nickels to rub together by the end of this.

Yahoo hasn't had a leader with vision since 2001 and bringing Yang back is too late. He's not up to the challenges.