Wednesday, March 26, 2008
Yahoo! (YHOO) Comes Out With Lame Business Plan To Support Higher Value
Yahoo! (NASDAQ: YHOO) has come out with a business plan which says the company is worth more than Micorosft (NASDAQ: MSFT) is offering. That is based, to some large extent, on how the company will do in 2010. As if the management knows. The one piece of good news is that Yahoo! says it will hit its Q1 numbers. Wall St. was concerned that, if it did not, Microsoft might drop its offer and try to buy the company at a lower price point later. Some keys: The plan supports the unanimous determination by the Company's board of directors that...