Alibaba is not only the top brand, but a rare treasure in China. It could last for the next century. Yahoo could benefit a lot from it. Oversea cash could help Yahoo to expand international market. I am getting to know Flickr by the way. GOOG is fading away in that space.
Good luck with that. By the time the IPO is here YHOO should be $40-50 and have an announcement or plan on what they plan to do (if any) to spin off shares of Alibaba to YHOO Stockholders. That plus their investment that continues in Alibaba will continue to grow, plus Yahoo Japan still exists.. there would be a price reduction in YHOO shares if they spin off Alibaba shares, however.