I think Yahoo could possibly be making a mistake by turning down Microsoft's bid to buy it for $31 a share. Before Microsoft's offer the stock was on a down and was sitting at $20 a share now because people want to make some fast cash they have started buying it up to get it up to $29 a share. Yahoo hasn't been doing much of anything interesting. They have Yahoo Messenger which has to compete with AIM, Microsoft Messenger, and iChat. They have email just like every other website. They have a good finance program and all the other simple little features that every other site has. They haven't come out with anything new and fantastic. Now they have an option to make a lot of money and let Microsoft buy them. Then again the idea of this purchase is so Microsoft can go after a piece of what Google is brining in. Microsoft's own MSN isn't much for a search engine. They're messenger programs are about equivalent to each others. I think the Yahoo stock holders would have been better off selling they're company.
Google of course is totally against this buy-out because it is threatening to them. They have no clue what Microsoft would do with it. Plus they have a chance to remove one of there main competitors if they got a chance to purchase them.
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