Is Yahoo Being Undervalued by Wall Street?
Despite Yahoo’s decline in the search market as of late, some are beginning to cry foul, saying Wall Street is punishing YHOO just a little too much. Prices dipped below $11 a share this week, almost half the value when Microsoft made its acquisition offer for $31 per share.
A couple of points in defense of Yahoo:
A couple of points in defense of Wall Street:
Jerry Yang and the gang need to refocus on the customer instead of executive bonuses, while Wall Street needs to understand that while advertising in general may decline, search advertising is an attractive option for advertisers looking to maximize budgets.
Oh, and in case you’re wondering, Microsoft remains a scorned lover.
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