Associated Press - A person familiar with Microsoft's bid for Yahoo says the software company is evaluating its offer in light of the economic climate and the Internet pioneer's deteriorating business. Yahoo fell nearly 5% in after hours trading.
As long as the fight continues, YHOO is going to keep dropping. I don't think Jerry Yang is going to give up so soon, so I'd say we're good for at least a month and a half of rumors and disses to Microsoft. So Yahoo is likely to drop some more.