I still think there is significant upside to Yahoo, and that $50 is still a reasonable target before the end of 2009. But, interference from Icahnn and other shenanigans might get in the way, so I'm downgrading this to a Hold. If the corporate raiders get a hold of this company, it's all over.
Yahoo is #2 in so very many places, and is profitable, and still has enough internal talent in the trenches to make a real difference. Now if only the people at the top would let them do it.
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