Yahoo Shareholders Love Jerry After All

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jerryyang5.jpgYesterday, we noted that the cost to Yahoo shareholders of having Jerry Yang as CEO was apparently $2 billion--as evidenced by the stock's pop after he announced that he was stepping down.

We were wrong!

It turns out Yahoo shareholders were perfectly fine with having Jerry as CEO. That pop, it appears, was merely enthusiasm that, with Jerry out of the way, Microsoft would come rushing in to buy the company. 

Now that Steve Ballmer has put the kibosh on that, the "Jerry gone" premium has evaporated.

See Also: Ballmer: Buy Yahoo? NFW



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4 Comments

Rav said:
Those kind of headlines are hilarious. Now run a headline today that Jerry as CEO is worth $2B.

This is typical posturing by Ballmer. Time to back up the truck on YHOO at around $9
dj said:
For $6 maybe , poor legg mason are on thier backs
Steven Frechette said:
Jerry Yang is a freaking disgrace to American Capitalism along with Wagoner, Jack Welch, Immelt, Greenspan, etc... the list is unfortunately very long.

Looking at the "stellar" results from the bozos on Wall Street and the incompetent retards in Washington is making me think it's time for revolution.

The system needs a major reboot and the OS needs a major upgrade from the crappy Msft product we currently have (i.e. losers on Wall Street and in D.C.) to something like Linux or OSX.

It feels like we're flying dead stick when crap like the TARP is the best that they can come up with. I guess this is what happens when you let criminals and lobbyists take over D.C. Time for honorable people to get involved.

I vote for Steve Jobs and John Chambers to take over Washington and set the boat back on course.
Neek said:
Ho-hum. Another SAI apology for Y!

Shareholders don't love Yang, Henry. Or don't you even read the comments at SAI? (Not saying they're from Y! just because they say so, but come on, man, wake up.)

*slap* Wake up!

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