Bill Miller Talks. Nobody Listens

Originally Published In the News April 9, 2008 11:40 AM

The media is really beginning to pick on Bill Miller. Where have they been?

Miller is making some noise on Yahoo!, but he has no teeth:

A major Yahoo Inc. shareholder said Microsoft Corp. “blundered” last weekend by threatening a hostile Yahoo takeover at a lower price.

Legg Mason Inc. portfolio manager Bill Miller in an interview Tuesday said his firm is prepared to support an effort by Yahoo to remain independent, should Microsoft lower its offer. Legg Mason’s holding of nearly 7% of Yahoo shares as of Dec. 31 made it the second-largest Yahoo shareholder after Capital Research & Management Co., according to FactSet Research Systems Inc. WSJ

Miller said Microsoft “blundered”; given what Miller’s five year numbers look like that statement is comical. Give it a break Bill, every time you open your mouth you end up looking silly.

Legg Mason Wades Into the Yahoo Fray
WSJ

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