Yahoo!'s not dead yet. A year ago, most people were saying the "easy money had been made" in Yahoo! when it was at $20. It's now close to $41, and again we're hearing people complain the core business is worth next to nothing.
I've been banging the drum on Yahoo! for three years now, to the point where I had people emailing me and telling me not to write about it so much because "nobody cared."
I don't think the run is done in Yahoo!. Of course, we'll have the Alibaba IPO but most people aren't counting on their Japanese yen hedge paying out a lot this year, a possible cash-rich split and big stock buybacks. If all those happen, there's a chance Yahoo! could go to over $60 in 2014.
Eric Jackson is a friend of the coldone's...
Way too low. At least $75 after the IPO is announced and then $100-$115 on the day it happens. Once again you are taking the easy way out to look good to your phantom army of misfits.
Sentiment: Strong Buy