Welcome to WebmasterWorld Guest from 54.226.133.245

Forum Moderators: werty

Message Too Old, No Replies

Soundview thinks MSN & Yahoo will go it alone

Broker says MSN & Yahoo both will drop Overture by 2005

     
2:31 pm on Apr 2, 2003 (gmt 0)

Preferred Member

10+ Year Member

joined:Feb 16, 2002
posts:533
votes: 0


OVER's stock is at $15. Soundview says their target for the stock is $6. It's in the OVER stock news this morning, if you check at Yahoo Finance. Says their reason is that it's clear that MSFT is preparing to pursue their own paid search platform. We've discussed the YHOO case ad nauseum.
3:18 pm on Apr 2, 2003 (gmt 0)

Junior Member

10+ Year Member

joined:Jan 9, 2002
posts:95
votes: 0


And indeed, looks like they took a dump today -- rolling down 18% at the opening to $11.949. Yowch. [biz.yahoo.com].
4:52 pm on Apr 2, 2003 (gmt 0)

Administrator from US 

WebmasterWorld Administrator brett_tabke is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Sept 21, 1999
posts:38047
votes: 11


They included the trebling of Microsoft's current Internet search team, which is 70 people strong.

That's quite an expansion.

Suki2003

4:52 pm on Apr 2, 2003 (gmt 0)

Inactive Member
Account Expired

 
 


ouch, i wonder who Yahoo! and MSN will take now?
4:55 pm on Apr 2, 2003 (gmt 0)

Preferred Member from US 

10+ Year Member

joined:Nov 27, 2002
posts:410
votes: 0


I think Overture or MSN should take out AskJeeves. Look at the chart for AskJeeves, something is up here.

All best ~Hollywood

4:58 pm on Apr 2, 2003 (gmt 0)

Administrator from US 

WebmasterWorld Administrator brett_tabke is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Sept 21, 1999
posts:38047
votes: 11


AJ being up is just a reaction to the news. If there were something up with them, it would have come longer ago than this morning.
5:11 pm on Apr 2, 2003 (gmt 0)

New User

10+ Year Member

joined:Mar 11, 2003
posts:37
votes: 0


This is the best news I've heard all day! Lets hope their correct now... All about having options.. more and more options...
5:12 pm on Apr 2, 2003 (gmt 0)

New User

10+ Year Member

joined:Feb 12, 2003
posts:19
votes: 0


What about Microsoft playing up their "theoretical" paid search platform to drive Overture stock down so its cheaper to buy?

[edited by: aubuchon at 5:20 pm (utc) on April 2, 2003]

5:14 pm on Apr 2, 2003 (gmt 0)

Senior Member

WebmasterWorld Senior Member eliteweb is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 5, 2001
posts:2723
votes: 0


I think Yahoo will drop overture. I was talken to a Yahoo Rep and they said they were already doing testing in specific keywords.

Yahoo has 10 billion ways to advertise but they want 10 billion dollars of your money in exchange ;)

5:16 pm on Apr 2, 2003 (gmt 0)

Preferred Member

joined:Oct 23, 2002
posts:449
votes: 0


Good point...and it sounds so classic Microsoft.....
5:19 pm on Apr 2, 2003 (gmt 0)

New User

10+ Year Member

joined:Jan 21, 2003
posts:31
votes: 0


Overture is in trouble. The company is only as good as their partnerships.

They will not be able to turn AV or Fast into anything that can compete with MSN and Yahoo (if they choose to go it alone). and I believe they will overpay for these two acquisitions.

If you own Overture stock, you may want to dump the stock... yesterday if possible. :)

Captain

5:21 pm on Apr 2, 2003 (gmt 0)

New User

10+ Year Member

joined:Jan 21, 2003
posts:31
votes: 0


I do like the idea about MS bluffing "going it alone" to drive down the Overture Stock Price. Overture is a great company with a giant portal powering the traffic. They are (obviously) worthless without search partners.

Captain

5:23 pm on Apr 2, 2003 (gmt 0)

Senior Member

WebmasterWorld Senior Member chiyo is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 21, 2000
posts:3170
votes: 0


explains why OV is buying search engines. If all yur customers are building their own widgets to replace using yours, you have to buy a few of the customers.

OV still trending downwards today while the nasdaq as a whole is up more than 3%

5:33 pm on Apr 2, 2003 (gmt 0)

Senior Member

WebmasterWorld Senior Member jeremy_goodrich is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Aug 4, 2000
posts:3468
votes: 0


70 people in Microsoft's team for search? That does seem like an aweful lot, unless they are going to do something with them.

And Yahoo -> well, duh, they made their own acquisition. They need long term, to take a bigger % of the money that comes from their brand which they (foolishly) have been giving away to Overture.

I think we all here are just waiting for the other shoe to drop...especially with Overture losing some ground (via Alltheweb) to Google in Europe.

5:53 pm on Apr 2, 2003 (gmt 0)

New User

10+ Year Member

joined:Mar 11, 2003
posts:6
votes: 0


Here is an article I found about Microsoft adding search capabilities.

[news.com.com ]

11:34 pm on Apr 2, 2003 (gmt 0)

New User

joined:Mar 29, 2003
posts:34
votes: 0


Seems to me OVER foresaw problems with YAHOO and MSN and made a grab for some portal share with ALTA and WEB.With MSN and Yahoo having and soon to have paid inclusion is it correct to assume the step to sponsored listings is low barrier?
cheers,
charge!