What a Week...and Yahoo shows some 'TUDE!

First of all, it’s freaking gorgeous here in Phoenix. It will be until July.

It was a great week for me as I got my book off to the publishers and MyTrade announced their acquisition and relaunch. We close a big new investment this week and a good friend closed a large financing for his company where I am an advisor.

Max’s basketball team is our sore weak spot as the old ‘Shock and Awe’ championship squad has lost two straight.

The markets suck, but that has not stopped Yahoo from showing some cojones and playing flinch with Microsoft. TechMeme is aglow with the Yahoo rejection letter to Microsoft.

Microsoft just can’t win in this deal. They are a cornered cat and have played their hand. Hopefully for their shareholders, they just tell Yahoo to ‘F#$k Off’ and lower their bid for every week that Yahoo stays plays coy. Both Microsoft and Yahoo need to do major reconstructions so mashing them together is just dumb which I have said from minute one. The market has voted as well.

You fight the tape and you lose. You don’t cut losers, you lose. You hope, you lose. If you are a Microsoft employee, you collect your salary and you send out resumes.

The market looks bored and tired of going down. I would love a quiet week in the markets so I can just catch up a touch.