Yahoo Is Worth $60/share, Sun CEO says

http://www.uberpulse.com/us/2008/02/is_yahoo_worth_60share_sun_ceo_thinks_so.php

On Monday, Yahoo rejected Microsoft buyout offer of $31 a share for being too low. So what would be the right price for the Internet portal? $35, $40, $50?

Well for Sun CEO, Jonathan Schwartz, the magic number is $60, valuing the eventual deal at... over $80 billion... about the size of a Nintendo but half of Google's!

I'm not sure Steve Ballmer at Microsoft would agree, but Yahoo's CEO and his board might! And even for the largest tech company in the world, $80 billion is no chump change. And just one last thing to put this whole thing in perspective: Microsoft has about $40 billion in cash *but* lost about $40 billion in value since its bid for Yahoo. So, 40+40=80... we're almost there!
http://www.uberpulse.com/us/2008/02/is_yahoo_worth_60share_sun_ceo_thinks_so.php

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Science & Technology

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• Sun
• CEO
• Microsoft
• uberpulse
• schwartz
• Yahoo