Published on Linux Journal (http://www.linuxjournal.com)
Microsoft Warms Up the Irons...For Waffles?
By Justin Ryan
Created 2008-04-28 09:53

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By now, everyone knows that Microsoft is doing a hostile-takeover Apache dance with Yahoo, and Yahoo wants no part of it. Saturday was Microsoft's big bad deadline [1], after which the Empire has promised to launch it's attack. So, where are we?

The Microsofties were out in force last week, with CFO Chris Liddell using Microsoft's quarterly-results conference call to reiterate the company's plans for a hostile takeover [2] — though it could have just been his way of drawing attention away from Big Evil's depressing numbers [3], with a 24% decrease in Windows sales, a three-cent-per-share drop in income, and predictions that the next quarter won't be much better. All this just days after Yahoo announced better-than-expected numbers [4], seemingly proving the Yahoo board's assertion that $31 per share undervalues the company.

The interesting part, as we noted briefly last week, isn't that Microsoft is sticking to its guns on price — it's the weasel-words starting to trickle out from above. Just as they're supposedly heating up the irons for a boardroom coup, the line from Microsoft's execs is starting to sound a lot like the irons are for making waffles [5]. Quoth Ballmer: "[W]e’ll move forward without a merger." Liddell is even better — he goes weasel in the middle of a threat: "These alternatives clearly include taking an offer to Yahoo shareholders or to withdraw our proposal and focus on other opportunities."

This doesn't sound like a company certain of victory to us...
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Justin Ryan is News Editor [6] for LinuxJournal.com.
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Source URL: http://www.linuxjournal.com/content/microsoft-warms-ironsfor-waffles

Links:
[1] http://www.linuxjournal.com/content/microsoft-tightens-thumbscrews
[2] http://www.reuters.com/article/technologyNews/idUSN2435171420080424?feedType=RSS&feedName=technologyNews&sp=true
[3] http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3812281.ece#cid=OTC-RSS&attr=1063742
[4] http://www.linuxjournal.com/content/it-beginning-end-evil-incorporated
[5] http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article3803413.ece#cid=OTC-RSS&attr=1063742
[6] http://tinyurl.com/5vh34m
[7] mailto:news@linuxjournal.com
[8] http://tinyurl.com/6g3xcd