YHOO (17.75) is now down to a five year low, and T Boone Pickens and Paulson have already taken their lumps on 60 million shares bought at 27-28.
MSFT walked away from their $33 bid as Yang and Co. and Legg Mason's Miller thought they had a better plan than to take Bill Gate's money.
I'd take this number now for it's enterprise value, right here. And if you want to speculate, the October 20's calls can be had for .70.
The price of admission in this number is low!
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