Check out the following title from a WSJ article:
"Yahoo Seeks Decisive Leader"
How will the board know if they see one? A decisive leader, that is. Until recently, maybe last month, they thought Jerry Yang was the guy for the job.
The company has been rudderless for a while. Could get worse before it gets better. The stock popped yesterday on the idea that the major roadblock to selling the company is now out of the way. Was Yang that powerful?
I guess Microsoft might step in here but I'd be willing to bet that the stock will be single digits if they wait til January.