Sunday, February 17, 2008


An article in Barron's talked about here by Andrew Bary mentions that the MSFT buyout of YHOO is a bad idea. I couldn't agree more. Too expensive, no cultural alignment, exodus will ensue. More importantly, it says the following:

"Ballmer is a great operating man but he lacks financial acumen. He ought to be thinking more of Microsoft employees who own a lot of Microsoft stock and have nothing to show for it in many years. If the stock doesn't start doing better, Microsoft will lose good people."

I suspect there are other large companies whose top employees feel similarly, and are growing tired of subsidizing fat cats who sit around the organization pontificating powerpoint slides, action plans, and indicators in domains in which they have no knowledge, understanding, or experience. Meanwhile, the stock price languishes......

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