Yahoo CEO Jerry Yang To Step Down

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Yahoo was mired in a serious slump when he jumped back on board, his timing couldn't have been worse. It's too bad he will be remembered now as the guy that turned down microsoft's big 31/sh offer. I bet old Jerry would love a mulligan on that decision.
 
What does the stock price do now? And now that Yang is gone does Ballmer and Microsoft come back and make a bid for Yahoo? Maybe they'll offer mid $20's. I don't think Microsoft will act for a while if they act at all though.
 
ajnnadeau said:
What does the stock price do now?
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If anybody knew that for sure, he probably wouldn't be here telling about it. Just invest the damn money, stock market is really easy actually. When you invest, you have 50/50 change to make money or lose money. That's it and nothing between.
 
I think its expect Yahoo will rise after his depareture though, he upset a lot of people with the M$ deal.

I don't think Yahoo will ever be strong again though. Do you think they will sell up or struggle on?
 
There's talk of a yahoo/aol deal......one of the speculations of that deal is for yahoo to replace the aol email system with the technology behind "ymail." yikes
 
micfire said:
If anybody knew that for sure, he probably wouldn't be here telling about it. Just invest the damn money, stock market is really easy actually. When you invest, you have 50/50 change to make money or lose money. That's it and nothing between.
Click to expand...

That is the difference between affiliate marketing and investing in the stock market...if you have a good investing idea you can share it and it actually helps you out in the long run. But with affiliate marketing if you have a good idea you sure as hell aren't going to share it with anyone.

The stock market actually isn't 50/50. On average the market returns around 8% a year.
 
So how to people view Yang's move?
Is he doing the honourable thing, falling on his sword? Or is he being a douche, walking away from a massive car crash that he just caused?
I'm holding judgment on that until we find out the size of his golden handshake. If he rapes Yahoo for a few more million to keep his lifestyle going, then I'm going with douche.

ArtDeco: Actually, investing now, while the market is on the way down, is the smarter thing to do.
Sure, you didn't get it at the lowest possible price, but you got it lower than it can be expected to be in about 24 months when the market regains stability.

This is the thing, unless you've got some really good insider tips, investing in the sharemarket should be a long term game.
It also requires being informed, which means reading news, and not just the financial sections.
 
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