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Two Battered Behemoths, One Bold Bid

Many online pundits see Microsoft's move on a vulnerable Yahoo! as a bloated bungle, but some say the combo would be formidable

Even in the know-it-all blogosphere, tech industry commentators were taken aback by Microsoft's (MSFT) unsolicited bid to acquire Yahoo! (YHOO). Though the gossip mill has long speculated about such a marriage, no one predicted it would happen so soon.

While investors frowned upon the offer—Microsoft shares tumbled 6.6% on Feb. 1 to $30.45—the tech world was split on whether the deal would mean a brighter or dimmer future for any agglomeration of Microsoft and Yahoo.