Yahoo's share price is down 10% after hours to $18.55 on weak guidance for Q1 and the rest of 2008. At some point this stock will be cheap enough for someone to come in and acquire the company. How much longer can Yahoo management wait?
The Yahoo group of sites still gets the most traffic on the web and the company is sitting on $2 billion in cash, but they continue to tread water and lose ground to Google. I honestly cannot see them ending 2008 as an independent company. Could a LBO (leveraged buy out) be in the works for Yahoo? Enquiring minds want to know.
3 comments:
Do you think they're having a race with eBay to see who can get to $10 first?
Thanks Sue, that made me laugh.
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