YHOO

Yahoo sent out a letter to shareholders stating that they would sell to MSFT at $33 per share. With Carl Icahn buying up shares in YHOO and putting on pressure to sell, I think the $23 the stock is trading at now is looking cheap.

I look for a deal with MSFT to still take place and when it does to see YHOO see huge single day gains. This would be similar to the last time MSFT made an offer and the stock skyrocketed in a matter of hours.