The Business Press Maven has been bitterly critical of the New York Post over the past half year for trafficking in rumors about Microsoft ( MSFT) taking over Yahoo! ( YHOO) without
They Just Don't Get Microsoft and Yahoo!
"Investors' best hope for a rapid reversal in fortunes remains a bid. Microsoft, wanting to plug the gaping hole in its internet strategy, is still the obvious buyer. The software giant, however, either needs to get seriously desperate, or suddenly enjoy a shot of confidence that it would have a chance of running Yahoo's business any better."Let us pause for dramatic effect. And, quick, someone give me the Heimlich! According to FT, Yahoo!'s best hope (not pipe dream, mind you) remains a bid by Microsoft, the so-called obvious buyer. To date, however, despite all the words spilled on the matter, there have been as many legitimate sources saying that The Business Press Maven would buy Yahoo! (or Microsoft, for that matter) for a few trinkets and a song, as Microsoft. Even assuming there were sources to this rumor, look at how unlikely it is. Microsoft, after all, has never made an acquisition of such size. What will it take? According to FT, Microsoft, which is doing very nicely, thank you, needs to "get seriously desperate." Uh, OK. Or, FT posits, they have to get hit by a thunderbolt that they can run Yahoo!, with some chronic challenges, better than Yahoo! itself. These are one-in-a-millions. Two of them, to be exact. And since these one-in-a-millions are harnessed to a rumor that has never been sourced to anyone well-placed, why publish such rank speculation? Why? It serves only to titillate and -- as a direct result -- continue to mislead investors, offering Yahoo! shareholders a hunk of false hope. Unfortunately for those of us who reside on planet earth, The Financial Times was hardly the only offender. This MicroHoo! thing is like a verbal tick. Hey, it might happen one day, on the tenth of the month of Never. But before you believe the coy references, just make sure they are based on a single bit of decent evidence. One of the