Tuesday, November 9, 2010

Nine percent? Yahoo!

Guys Yahoo! is up 5% today on takeover rumors. As a result, the stock is up 3% YTD. Experts think going private is the only way the company can trim the fat and restructure. Any thoughts on banking 9% including buy/sell commission and unloading it?

http://cnnmoney.mobi/wk_snarticle?articleId=urn:newsml:CNNMoney.com:20101109:thebuzz:1&category=cnnm_business

2 comments:

Jimmy C said...

I read that the CEO of Yahoo has been getting a lot of flack for fudging the deal with Microsoft.

Investors really don't have much confidence in her.

That said, I still think we can get a better return on Yahoo than 9%.

Patrick Flynn said...

I vote to hold..