Blog Post

Are Yahoo Investors Now Tuning Ballmer Out?

imageMicrosoft (NSDQ: MSFT) CEO Steve Ballmer said again this week that he was interested in some sort of search partnership with Yahoo (NSDQ: YHOO). But a funny thing happened: Yahoo’s stock dropped slightly, a sign that perhaps the market is getting weary of the CEO’s vague expressions of interest (or, at least that Microsoft’s interest has already been priced into the stock). Yahoo shares are up 25 percent year to date.

A look at Ballmer’s statements over the months and how the market has reacted.

Where: May 7, 2009, Stanford University
Ballmer: I still think there exist opportunities to in a sense almost create a better search product by having more customers and more advertisers, to generate more relevant advertising as part of the search offering. That may or may not at some point happen. There may or may not be appropriate discussions.
Yahoo Stock: Down 1.5 percent a day later
Source: CNET

Where: March 19, 2009, McGraw-Hill (NYSE: MHP) Conference
Ballmer: I

One Response to “Are Yahoo Investors Now Tuning Ballmer Out?”

  1. jenkins

    Yahoo is a failing company. Most investors just want them to go away after they turned down Microsoft's offer. Plus, Yahoo can't compete with serious web companies because of the brain drain they have suffered.