... the baggies will be wailing. Except of course, for the ones who don't get it and are screaming "Blowout earnings!", even as YHOO drops a buck.
Who'd do such a silly thing, you ask? Well, that was none other than the self-proclaimed ruler, coldie. He was so pumped up that he prematurely exploded, only to find himself living out one of his most embarrassing moments on this board.
“The Street is likely less focused on the company’s near-term quarterly results as they are on signs of the company’s willingness to perform a shareholder friendly corporate action, including a sale or divestiture of Yahoo’s Asia assets,” Anmuth said, in a research note.
One question on many minds is who would buy Yahoo. Recent reports have suggested Microsoft Corp. MSFT -0.74% could make a play for Yahoo, either by itself or as part of a consortium.
Another potentially interested bidder is Alibaba Group CEO Jack Ma, who even said as much in an address at Stanford University earlier this month. Yahoo owns about 40% of Alibaba, but Alibaba is being valued at almost double Yahoo’s current market cap of $17 billion.