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Via BloggingStocks:
Filed under: Deals, Microsoft (MSFT), Yahoo! (YHOO), Newsletters, Bargain stocks, Stocks to Buy
That said, I want to talk about Yahoo (NASDAQ: YHOO). Yesterday the company was in the news again with reports that former AOL chief Jon Miller is seeking capital to purchase YHOO outright for a price that is reported to be in the $20 range. YHOO shares rocketed higher on the news, immediately jumping up by nearly $1 per share, or approximately 10%. My initial reaction, as you might expect, was skeptical. Jump on this news as a chance to dump shares. Management at YHOO, with or without Chief Yahoo Jerry Yang, has destroyed shareholder value so much that it would be hard to believe that anyone would pay a premium for the stock. How could it be that a lone ranger from the failed AOL model be considered a serious alternative to YHOO going it alone? It makes no sense until you take a closer look at YHOO fundamentals. There the story starts to get a little more interesting. Continue reading Is Yahoo a screaming bargain without Jerry Yang? Is Yahoo a screaming bargain without Jerry Yang? originally appeared on BloggingStocks on Wed, 03 Dec 2008 14:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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