Jerry Yang reaches out to Yahoo shareholders

Jerry Yang dished out a letter to shareholders on Wednesday and much of the language was similar to that in his e-mail to employees.

But News.com readers who bashed Yang for the absence of CAPITAL LETTERS in his previously posted e-mails should take note that the shareholders have CAPITAL LETTERS in their Yang letter.

In his letter regarding Microsoft's unsolicited bid, Yang states: "I wanted to reach out to you personally to let you know why your board of directors, after a careful review by Yahoo's management along with our financial and legal advisors, believes that Microsoft's proposal substantially undervalues Yahoo and is not in the best interests of our stockholders."

"More importantly, I want you to know that your board is continuously evaluating all of Yahoo's strategic options in the context of the rapidly evolving industry environment, and we remain committed to pursuing initiatives that maximize value for all our stockholders."

Yang goes on to note the company has more than $2 billion in cash, giving it flexibility to execute its game plan for growth, as well a strong brand name and No. 1 ranking in online display advertising.

Psst, Microsoft, taking note of this...

[charlie7290]

Microsoft /Yahoo Takeover

Yahoo is a co-partner with BT(British Telecom),who supplies broadband to the UK network.
It seems good business sense for Microsoft to aquire Yahoo,which would then give it a bigger foothold in the UK Broadband market as BT has the monopoly of Landlines here.
Where next? Perhaps British Telecom (BT)would be an even bigger coup for Microsoft(through the back door).

[Diane Braxton]

The Art of War, Yahoo vs Microsoft

I have been reading the book, "The Art of War" by Niccolo Machiavelli and although Mr Yang and his fellow Yahoos are out numbered on all sides he can win. What is at stake? Is it all about the money? Remember Hannibal, remember Alexander the Great, remember Julius Ceasar, remember Scipio who defeated Hannibal in the battle of Zama,
202 B.C. The elephants was charging, he opened a way for them...and the victory was won. Fight on!