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No matter how bad the markets were in February, they were worse for some stocks than for others. Shares in Microsoft (NASDAQ: MSFT) dropped 16% during the second month of the year, which shows how costly the company’s bid for Yahoo! (NASDAQ: YHOO) has been. Now that no other reasonable offer has materialized for the portal company, Redmond should withdraw its offer, let Yahoo! fall to $18 and then re-bid the deal at $22. That would certainly allow MSFT stockholders to recoup most of their losses. Sprint Nextel (NYSE:S) has been a particularly gruesome piece of work, falling over 30%…
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1 March, 2008| Economy |
@ 14:39
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