Dvorak: Yahoo Shareholders Sick and Greedy
I think Yahoo did the right thing by fighting the Microsoft takeover, and any Yahoo shareholder who thinks otherwise is a whiner. I’ve read much of the tech blogosphere, especially Michael Arrington, side with the whiners. Good to finally see somebody take the long view of things.
John C. Dvorak chastises the whiners in a recent MarketWatch column:
If you’re an investor in Yahoo, my guess is that you’ve chosen to invest in a company, its employees and its future. Selling out to Microsoft only assures a pathetic end of this investment.
And you all seem so pleased at the idea that Yang, the founder with nothing but good intentions, would, at the drop of a hat, take his life’s work, the top Web site in the world, a site full of tools used by millions of people, and sell it to Microsoft just because Microsoft wants it.
Oh, and let’s not forget the thousands of people who productively work for Yahoo. Who cares about them?
Did I also mention that Yahoo is an important and famous American institution?
So Yang wants to keep Yahoo as Yahoo. And you are all stunned, indeed flabbergasted by this.
How sick and greedy are you?
Thanks, John C. I was starting to think I was the only one who thought protecting your company was the right thing to do.
Tags: Business, Dvorak, Yahoo
4 opinions for Dvorak: Yahoo Shareholders Sick and Greedy
wilson ng
Jun 26, 2008 at 10:17 am
Well, if you have a company that somebody wants to buy for ovr $45 billion, and you don’t sell, and now is worth only less than $30 billion, thereby losing $15 billion, that’s a hell a lot of cursing everybody is doing.
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