Yahoo Sliding; Heading For Lowest Close Since 2004
No real news here, but worth noting all the same: Yahoo (YHOO) today continues its recent slide, and appears headed for its lowest close since March 2004. The stock has lost half of its value since January 2006 - a period in which Google (GOOG) has gained about 33%. The stock is down 5.8% for the year go date. The stock is down more than 16% since Jerry Yang replaced Terry Semel as CEO in June.
The market is practically begging the company to restructure; but management seems not to be listening.
Yahoo today is down $1.01, or 4.3%, to $21.92.
Couldnt have said it better. Need new CEO who will kick ass
We’ll said and it’s time to change or we will all suffer
I bet Susan will clean house soon, she’s a smart woman and need to give her a little more time. Google are beating them hard in many areas but they have an edge with Japan and China and should better leverage te US local search and the mobile telephone opportunities, I think they should buy both
Local.com (LOCM) and Marchex (MCHX) before GOOG or MSFT steps up, then go after a telecom deal like GOOG just starts with CLWR and others.
It’s high time somebody starts acting within YAHOO, somebody should raise a good strategy for the companies future !!! NOW !!
Jerry Yang please hire someone who can turn this company around.
Us shareholders are tired of suffering. Whatever YOU are doing is not working.
Hire someone huge that can create some value for Yahoo.
You probably don’t care since your already rich but there are soooo many people that are losing money because YOU cant get it!
The only strategy behind this sliding = let’s get low, so somebody (who ?) can buy us cheap !
Dont count yahoo out til earnings. My best plays have been contrarian ones…most people hate yahoo so now is probably the best time to play yahoo before earnings…not much downside risk compared to before since expecations are so low for yahoo. I would buy little buy little….like I am doing now. Yahoo of 2008 will be the Amazon of 2007.
my guess is YAHOO down to 18 ! Then a bid from ? ! Which leaves us very little or no profit when there’s a takeover !
No restructuring will happen until they are bought by MSFT. BillG! hurry up and buy them at $25!
might be a good time for a Yahoo and eBay merger
Microsoft will be involved in a bidding war with ATT and the winner may pay as high as $50.00.
The recession will wake Balmer up and be sorry he didn’t buy last year for $40.00 before ATT got into the picture.
Tech Trader Daily is a blog on technology investing written from Palo Alto, California by long-time Barron's West Coast Editor Eric J. Savitz. The blog provides news, analysis and original reporting on events important to investors in software, hardware, the Internet, telecommunications and related fields.
