Thursday, November 10, 2011

Nothing to Yahoo! About on 9 November 02011

Yesterday (02011.11.09 or 11/9) was 22nd anniversary of the fall of the Berlin, but Wall Street didn't give a hoot. DJIA down 3.2%; NASDAQ down 3.88%; S&P 500 down 3.67%; Russell 2000 down 4.82%. Ouch!

Yahoo! (YHOO) is such a soap opera. Today (02011.11.10) Reuters reported that Capital Research and Management, Yahoo Inc's top shareholder, is "extremely unhappy" with the way the Internet company is handling sale discussions. Duh!

Yesterday (02011.11.09) I read this by Eric Jackson. How a "Cash-Rich Split" Could Take Yahoo! to $41/Share

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