'Fast Money' Recap: Playing Microsoft's Bid for Yahoo! - Mike Taylor

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'Fast Money' Recap: Playing Microsoft's Bid for Yahoo!
Apr 05, 2008 12:10 AM UTC

Mike Taylor

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Symbol	Sentiment	Start	Return	Closed
YHOO		04/05/08	-46.05%	--
MSFT		04/05/08	+2.16%	--

Jeff Macke said he owns both stocks, so he doesn't see the move as all bad. He said that Yahoo! shouldn't expect to get a higher bid. Karen Finerman said Microsoft was taking a page out of the Larry Ellison playbook by making a hostile bid on a defenseless company, letting it pursue alternatives and then threatening a lower bid. She said Yahoo! CEO Jerry Yang needs to negotiate, because a delay in the deal serves nobody.

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