OK, I'm going to take that back; I'll have a MBA degree in a couple of months, so I'm probably better qualified than 99% of the planet...but still.. you could do much better.
Anyway, the Murdoch-threated WSJ reports today that Redmond is considering bidding on Yahoo. I don't understand it and from what I know it seems extremely unlikely to me that it'll happen, but that's what I thought about Google buying DoubleClick, and we know how that turned out.
As far as I can tell, there isn't a logical reason from Microsoft and Yahoo to merge, except some vague generalizations about how this will better place them to compete with the Big G in the area of Internet advertising. These are not good reasons to merge, and even if you managed to convince yourself they were, I'm not sure how a merger better helps you to compete. The spin-off joint venture idea is more interesting there..
I've never worked for a large company, but given what I've learnt and heard from friends, a merger of this sort will stifle innovation within this firm, and leave the entire industry including both companies (especially Yahoo, for whom I've developed a soft spot after interview season and the >play competition at Berkeley) worse off.
I mean, what's next? Google merges with Apple and you have complete vertical integration? Hey...maybe that explains the new Google personalized homepage logo that seems to irk some people so much. :)
Update: What do you know? Apparently, John Battelle predicted this back in January.