How much is Ask Jeeves really worth? Barry Diller's IAC/Interactive Corp. offered to buy the company in an all-stock bid worth $1.95 billion. Shareholders are grumbling about the amount, while Wall Street analysts think that Diller once again proved his prowess as a big-time dealmaker. (the deal values Ask Jeeves at about $28 a share, well below the company's 52-week high of $44.66) In fact, one analyst issued a report called "IAC's Big Heist," in reference to the low price offered by IAC.

In general, Internet analysts were upbeat about the potential effect of the deal on Mr. Diller's company -- "it gives his company an entry into the rapidly growing market for advertising on search engines and also provides it with a broad Web site that could tie together its disparate parts, which include the Home Shopping Network, Ticketmaster, LendingTree, Match.com, and Citysearch."