We’re heading into a holiday weekend. Wonderful. It’s always nice to unplug a bit. But be careful: Technology companies are notorious for announcing bad news late on Friday or even on Saturday during a holiday weekend. Also, three-day weekends are a great time for companies to hammer out big partnerships or acquisitions in quiet solitude. If Yahoo and Microsoft are going to break bread, The VAR Guy believes it will happen this weekend.
First, watch for alarms: Tech companies often hope bad news will get softened and stretched out over the holiday. By the time everyone plugs back in Tuesday morning, so the theory goes, the bad news won’t feel quite so bad. The old Computer Associates used to leverage holiday weekends frequently for bad earnings announcements. (Thankfully, the new CA is far more transparent.)
Meanwhile, holiday weekends are a great time for high-profile CEOs, boards, financial advisors and lawyers to huddle up without many people noticing. Microsoft and Yahoo, for instance, seem interested in talking again. A Friday night dinner date that stretches into a weekend romance could be in order.
The VAR Guy will be watching…
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