If one has been watching the recent Olympics diving on NBC in the evening, the last thing any diver would like do upon entry is agitate the splash meter too much. (But even the superb Chinese diver couldn’t do a towering entry without incurring some splash.) And now Marissa has made her grand entry with the inevitable splash, perhaps a bit too much too soon.
I have been a longtime Yahoo long until about a fortnight ago; I posted then 5 reasons for the change of heart.
I might now add another for unloading recently: To avoid a fat-tail event like the present one unfolding. To be sure, nothing significant has been implemented yet since her arrival at Yahoo but for the cumulative angst over what she will actually do next is what that is driving the stock down. Her penchant for a seeming dose of shock therapy is unnerving investors. Instead of planning to inject sudden and large doses of nostrums which will be hard on digestion, she should space out her revamping program. It is not right to put YHOO investors through the current wringer in mere anticipation of her next not so secret gambit that screams for total clarification...a more experienced CEO would have carefully avoided giving the impression of embarking on a regimen of shock therapy.
...to be continued...