Wednesday, July 23, 2008

Yahoo


The results for the quarter speak volumes.


It was either the low end of the range or a miss depending on how charitable you want to be. It's hard to run a struggling business and fight a raider and a takeover at the same time.


Looks like they'll sell the non-core assets to buy some time. Eventually Microsoft will get the core assets and Icahn might get out whole.


Nothing to see here folks.

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