4 ms·

I am shocked at the market cap loss YHOO is experiencing right now due to this story.. I've seen breaking news drive stock price fluctuations but this is pretty

• deleted 18y ago
  [deleted]
• jonknee 18y ago
  Why? This would be outsourcing Yahoo's heart and soul. It's a major game changer and has dramatic long term effects in terms of growth and probability.
  • cstejerean 18y ago
    I don't consider search to be Yahoo's heart and soul. They have several other great products that they need to focus on instead (for example on using Zimbra to chip away at the exchange market share).
    • jonknee 18y ago
      Search and advertising sales.
• mynameishere 18y ago
  It's mainly a re-adjustment based upon the diminished chances of a microsoft buyout. I own MSFT stock (bought some speculatively, expected the deal to fall through, as it did), and at this point Yahoo seems, in fact, quite dead. (I don't mean its properties, but its corporate independence.) I suspect that when it becomes clear that a google deal will happen, yahoo will drop another 30-40 percent. It's really that bad. What's keeping it up is the continued possibility of a stockholder revolt, which is precisely what needs to happen. (Supposedly, someone was organizing it, but I haven't followed along.) The stockholders need to oust the whole board, and replace it will a cleanup crew, who'll sell out to microsoft. A google/yahoo buyout won't happen. The gov't (hopefully) wouldn't allow it.
  • bluelu 18y ago
    This won't happen, as the "Change in Control Employee Severance Plans" is explicitely activated as soon as a change of control happens (election of new board).