Yahoo earnings – status quo, eh?

So Yahoo earnings are out and they are a little better than expected.  But you have to think Yahoo tried very hard to beat the expectations pulling all possible levers to make this happen.  If that assumption is true then the real numbers are probably more inline with what the street expected (or worse).  So now what?  Well, Ballmer said he doesn’t care what the earnings are.  That makes sense because if MSFT did their homework, they already figured out what Yahoo was worth to them.  I guess I don’t understand how Yahoo could argue that they are worth so much more.  The stock was sub $20 before the bid was launched so in what reality is it worth $40 (or whatever they want).  Hipmojo does a nice analysis here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s