Tuesday, July 28, 2009

YHOO --- looking good in a deal with MSFT

Look for a strong move for YHOO in the next day, as the company finally puts together their deal with MSFT. Look for both companies to profit in the long run, but I believe YHOO needed that deal more than MSFT, and as such they should have a nice short term run up. Microsoft has been ramping up their competition with GOOG lately and this deal goes a long way. Combined with the unveiling of BING a few weeks ago, this is a direct shot at GOOG's business.

Don't feel too bad for GOOG, It will take quite a bit more than this partnership to seriously affect their business model. In the end, it remains a great move for YHOO and their board.

see the breaking news from CNBC >>
http://www.cnbc.com/id/32193843/site/14081545/for/cnbc/

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