I think back in those insane dotcom bubble days valuation and stock prices did not play well together. The acquisition moved forward because it was sound busin

I think back in those insane dotcom bubble days valuation and stock prices did not play well together. The acquisition moved forward because it was sound business (Yahoo's planned to become a media corp) and increased shareholder value, as the best way to profit from an overheated market was to hoard investors attention relentlessly.