08/05/2007

Yahoo!'s Friday

I sold some Yahoo stocks last Monday. It wasn't by choice. I was sad when I saw what happened on Friday because well, I'd love to have been in on it. Snap.

People are saying if Yahoo! breaks $34, that the stock is going to soar (that is where the resistence is).

I don't mind purchasing it at $31. But I really hope Google does something crazy this week to make it slump below $30.

Regardless of if MSFT purchases them, they are a very solid, time tested and true long term internet stock. They will make tons of money off the media partnerships they are signing. Bring on Brand Universe and Business Directory so Yahoo can get even more local (and license the Microsoft Silverlight streaming video solution to get into the IPTV market).

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