I haven't seen Yahoo! this cheap in a while, I'm thinking TAKEOVER - is now the right time to buy?
Answers
RobSmith answered one month ago …
I'm not one for speculating on takeovers, but I have to agree. Given Yahoo!'s failed talks with Microsoft, the indefinite postponement of their deal with Google and a number of high-profile, disgruntled shareholders, I think Yahoo! is RIPE for the pickin'!
This is still the highest trafficked website in the country and would be a tremendous asset to a number of the large online media companies. The stock is selling for a 3rd of what MSFT was willing to pay and I think it's only a matter of time before someone puts in a bid.
LCDee answered one month ago …
I think we'll have a better idea after yahoo! reports earnings this Thursday. Shareholders have to be fed up with Yang at this point. If he posts another quarter of weak earnings and revenues, then i think he'll either be forced to resign or just sell the company.
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