{"id":511,"date":"2008-02-13T02:21:51","date_gmt":"2008-02-13T10:21:51","guid":{"rendered":"http:\/\/37prime.wordpress.com\/2008\/02\/13\/microsoft-yahoo-and-futurama-future-stock\/"},"modified":"2008-02-13T02:21:51","modified_gmt":"2008-02-13T10:21:51","slug":"microsoft-yahoo-and-futurama-future-stock","status":"publish","type":"post","link":"https:\/\/37prime.com\/news\/2008\/02\/13\/microsoft-yahoo-and-futurama-future-stock\/","title":{"rendered":"Microsoft, Yahoo!, and Futurama: &#8220;Future Stock&#8221;"},"content":{"rendered":"<p>As I have previously stated before that the <a href=\"http:\/\/www.microsoft.com\/presspass\/press\/2008\/feb08\/02-01CorpNewsPR.mspx\" target=\"_blank\">Microsoft bidding for Yahoo!<\/a> reminds me of an episode of <a href=\"http:\/\/www.ilovebender.com\/\" target=\"_blank\">Futurama<\/a> titled &#8220;<a href=\"http:\/\/en.wikipedia.org\/wiki\/Future_Stock\" target=\"_blank\">Future Stock<\/a>&#8220;. I am such a <a href=\"http:\/\/www.gotfuturama.com\/\" target=\"_blank\">Futurama geek<\/a>. The (evil) Momcorp was going to buy out Planet Express, Inc. and the stockholders of both companies must approve the take-over.<\/p>\n<p>Are there any relevance between this Futurama episode and Microsoft&#8217;s bid to take-over Yahoo!? (That&#8217;s a bit tricky, the exclamation point in Yahoo! and the question mark at the end of the sentence which is a question.)<\/p>\n<ul>\n<li>Futurama is great, just like <a href=\"http:\/\/www.ilovebender.com\/\" target=\"_blank\">Bender<\/a>, who is great.<\/li>\n<li>Shareholders from both Microsoft and Yahoo! must approve such take-over; similar to what shareholders of Momcorp and Planet Express, Inc. had to do.<\/li>\n<\/ul>\n<p>Now, after a poor excuse for mentioning Futurama over and over again, let&#8217;s see what went on so far.<\/p>\n<blockquote><p><a href=\"http:\/\/www.reuters.com\/article\/ousiv\/idUSWNAS894220080204\" target=\"_blank\">Microsoft says to borrow money for Yahoo deal<\/a><\/p><\/blockquote>\n<p>Microsoft&#8217;s cash on hand was estimated at 21 Billion Dollars, and they were offering Yahoo! 44.6 Billion Dollars in cash and stocks.<\/p>\n<blockquote><p><a href=\"http:\/\/news.yahoo.com\/s\/ap\/20080212\/ap_on_hi_te\/microsoft_yahoo\" target=\"_blank\"> <\/a><a href=\"http:\/\/news.yahoo.com\/s\/ap\/20080212\/ap_on_hi_te\/microsoft_yahoo\" target=\"_blank\">Yahoo! rejects Microsoft&#8217;s takeover bid<\/a><\/p><\/blockquote>\n<p>Yahoo! shares rose from $19.18 to $28.38 on February 1st after Microsoft announced their take-over bid. Meanwhile, Microsoft shares dropped from $32.60 to $30.45 on the same period.<\/p>\n<blockquote><p><a href=\"http:\/\/yhoo.client.shareholder.com\/press\/releasedetail.cfm?ReleaseID=293129\" target=\"_blank\"> <\/a><a href=\"http:\/\/yhoo.client.shareholder.com\/press\/releasedetail.cfm?ReleaseID=293129\" target=\"_blank\">Yahoo! Board of Directors Says Microsoft&#8217;s Proposal Substantially Undervalues Yahoo!<\/a><\/p><\/blockquote>\n<p>Yahoo! Board did not explicitly reject Microsoft&#8217;s proposal.<\/p>\n<p>Now let&#8217;s see here. Microsoft offered to buy Yahoo! shares at $31 per share. It was a sweet deal when Yahoo! shares was still at $19.18 per share. On February 1st, Microsoft&#8217;s offer is only 8.45% higher than the value of Yahoo! shares. There has been some whispers that Yahoo! is holding out for $40 per share to approve Microsoft&#8217;s take-over bid.<\/p>\n<blockquote><p><a href=\"http:\/\/www.reuters.com\/article\/technologyNews\/idUSN1226304320080213\" target=\"_blank\">Major Yahoo investor urges Microsoft to raise offer<\/a><\/p><\/blockquote>\n<p>Yep, a major Yahoo! shareholder wants to see payday, at $40 per share. Who doesn&#8217;t like making profit on the stock market?<\/p>\n<p>Hypothetically, if Yahoo! shareholders wanted this take-over to happen (<a href=\"http:\/\/www.informationweek.com\/news\/showArticle.jhtml?articleID=206501943\" target=\"_blank\">like this one<\/a>), there would still be a lot of hurdles for Microsoft to make it happen. Microsoft would have a tougher time to convince their own shareholders to approve this take-over. Yahoo! take-over seemed to be a bad financial move for Microsoft. Can Microsoft actually afford Yahoo! without breaking their bank? What are Microsoft&#8217;s shareholders saying regarding this Yahoo! take-over. SmartMoney says that &#8220;<a href=\"http:\/\/www.smartmoney.com\/Techsmart\/index.cfm?story=20080205-Microsoft-MSFT\" target=\"_blank\">Microsoft Shareholders to Pay High Price for Yahoo<\/a>&#8220;.<\/p>\n<p>I am not a financial analyst, but I am a huge Futurama fan. Based on what I learned from Futurama&#8217;s &#8220;Future Stock&#8221;, shareholders from both company must approve the take-over. If that held true, then maybe Microsoft shareholder might be the one who would stop Steve Ballmer and his pals from driving Microsoft over the cliff, metaphorically.<\/p>\n<p>Let&#8217;s see how this play out.<\/p>\n<p><i>Disclaimer: I do not own a single stock because I don&#8217;t have the cash or the guts to gamble, but I make stupid stock predictions for other people.<\/i><\/p>\n<p>Known Fact: Bender is Great! So send email to Bender &#8211; <a href=\"mailto:bender@ilovebender.com\">bender@ilovebender.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As I have previously stated before that the Microsoft bidding for Yahoo! reminds me of an episode of Futurama titled &#8220;Future Stock&#8220;. I am such a Futurama geek. The (evil) Momcorp was going to buy out Planet Express, Inc. and the stockholders of both companies must approve the take-over. Are there any relevance between this &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/37prime.com\/news\/2008\/02\/13\/microsoft-yahoo-and-futurama-future-stock\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Microsoft, Yahoo!, and Futurama: &#8220;Future Stock&#8221;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[946,4,6],"tags":[723,1030,1223,1455,934,2511,936],"class_list":["post-511","post","type-post","status-publish","format-standard","hentry","category-announcements","category-news","category-rants","tag-comedy","tag-entertainment","tag-futurama","tag-humor","tag-microsoft","tag-resources","tag-tech"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pcNtU-8f","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts\/511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/comments?post=511"}],"version-history":[{"count":0,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/posts\/511\/revisions"}],"wp:attachment":[{"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/media?parent=511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/categories?post=511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/37prime.com\/news\/wp-json\/wp\/v2\/tags?post=511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}