Microsoft (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