I think I am going to start pulling the trigger on some yahoo common stock. I have been hoping for a pullback below $12, but I don't see it happening anymore. I know you should not bring "emotion" into the equation, but I just realized that I have been using yahoo email and other services for a very long time. So, no matter what their future, they have a strong embedded base. True, Google is king now, but monarchies don't always stay in power. I'm thinking that even if YHOO doesn't hook up with MSFT, they may still grow dramatically with the Cloud Computing trend in some fashion. Any thoughts?
Bad idea, and proof positive of that is goinglocos agreement. Yahoo will see under $12 in the not to distant future. Yahoo has been sliding down in profits and showed a loss last quarter. Just to justify current price, Yahoo would have to return at least five fold last years profits. Cloud and goinglocos tv widgets are nothing that will save Yahoo, if it ever returns any revenue. Stay calm, Yahoo isn't going anywhere but down.
Completely agree! Internet is now and years and years ahead. YHOO got the huge foundation, extensive operations worldwide, no debt, positive cash flow, making money and the biggest internet website in the world. They improved some of their product in search landscape and new products coming out this Spring and could be a blockbuster Digital TV. This baby is ready to rock and roll and can explode for upside anytime! Don't be late!!!