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Yahoo is Toast and Yang needs to be Fired

If were a Yahoo stockholder I would be in a mild panic today, with Yahoo walking away from a ridiculous amount of money the stock is going to headed to pre-offer levels and then some tomorrow morning.

I just hope all the employees were able to dump their vested shares last week because after tomorrow the stock is going to drop like a sinking ship.

Reports are all over the place discussing stockholder lawsuits. Greed caused the Yahoo board of Directors to demand to high a price for a company that is already getting smoked in the online marketplace by Google.

I really thought Yahoo would play ball but instead they have lost in extended innings. At least Microsoft will not have to deal with the deals Yang was putting in place to make it as painful as possible. [Idiots]

 

Tags: Yahoo, Microsoft
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