Gotta hand it to Yahoo and CEO Jerry Yang. As Henry Blodget notes, Yang's newest e-mail to employees spells out the horizon (somewhat) and drives a flag into the company's turf. Cemented, perhaps. Or maybe just temporary, until Microsoft hikes that takeover price to $35 per share.
>> Grading Jerry's Latest Email to the Yahoo Troops: "A-"
The e-mail alone may have been the best reason why YHOO shares bumped over 30 after hours. It certainly didn't hurt YHOO longs that Steve Ballmer swore over his pirate ancestors' graves that he will continue to push for a takeover. OK, I made up the pirate stuff. But he's just as carnivorous.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment