First they are led astray by Terry Semel for several years, then their stock hits a 52 week high in late October... then a 52 week low here a few days ago. Now news of layoffs for 1000 employees... and finally a sale for less than what the company is worth as a whole.
Yahoo co-founder and Chief Executive Jerry Yang said this week the company will cut 1,000 jobs, or 7 percent of its work force, in an effort to cut costs. :::"Yaaaaaaahooooooooo!!!" as I dial Yahoo's hq, the greeting is so loud and ugly! :::7 is our lucky number @ vegas, 1000 first names will format a beautiful picture. Where is Trump? Please come back to run the reality show again. Treasure hunters are normally take someone's junk (other's Jade)
Too bad for them, it is the problem with these buy-outs. I hope they own shares in YHOO, they will be worth more than at these levels. I know alot of YHOO people practical got shares for nothing in the beginning, maybe even now. Don't sell yet YHOO employees - you will be OK.