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Valleywag
At Capital Research & Management, an investment management firm and longtime Yahoo shareholder, media-savvy stockpicker Gordon Crawford has raised its stake in the company to more than 16 percent, from $4 billion to $6 billion at current prices, some time in the past three months. The stock's chart strongly suggests that his buy came after Microsoft's bid sent Yahoo shares soaring. What that means: Crawford believes Microsoft will succeed in its bid for Yahoo, but only after raising its price. That's a fair turnabout from his earlier concerns that a higher price for Yahoo would mean losses from his firm's stake in Microsoft that outweighed gains from its Yahoo position. Capital's huge bet on Yahoo means that CEO Steve Ballmer's hand is weakened in resisting calls to up Microsoft's offer.
Gordon Crawford doubles down on Yahoo with $6 billion bet
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1:00 PM on Fri Apr 11 2008
By Owen Thomas
1,556 views
3 comments
Comments
Is that a comb over or a hair piece? Someone please tell that man to get over his hair complex and just shave it down. That is hideous. That fruit roll up on his head makes him look worse.
quiet..or he'll slap you with his 10k money stack.
PUBLIC FIGURE
Besides, he would be nice looking without the ..whatever that is.
I think I'll send him an email and see if he wants to go on a date with me. I'll strap him down, whip my comb out and force a new ~do~ on him.
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