We Won't Join Steve Cohen at OpenTable

OpenTable (OPEN) popped earlier this week when Yahoo! (YHOO) was reported to be interested in acquiring the now $1 billion restaurant-reservation and diner-management company. Analysts were skeptical, but the market, which is convinced that new Yahoo! CEO Marissa Mayer must make a company-defining acquisition in the near future -- and why not a hot consumer and business services company? -- has persisted in keeping the stock higher.

Our thought at the time was that OpenTable wouldn't make sense as a purchase for Yahoo!, since the Internet portal would be better served by improving its core operations rather than branching out into services....796 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.