Version: 2008
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Comments on: Yahoo's Yang warns employees to expect Icahn battle to heat up

Jerry Yang sends an e-mail warning employees of the pending mess and offers up a Q&A on the matter.

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by jabberwolf July 14, 2008 1:30 PM PDT
So basically YANG who has brought yahoo to a very very low low point... has said that removal of the board would cause the value of yahoo to go down?

The board? They dont do much but say YES or NO. And if anything, that would allow MS to buy and Yahoo stock to take off.

How is that a detriment to the stockholders??

Also?
"As an employee, what can I do to support Yahoo during this time?"
Keep on working as normal - DUH! But of course, please ignore the poisen pill that Yang has give yahoo. If workers want to leave when MS takes over, they can have a really really nice severance package!!!
That would NOT be in support of yahoo owned by MS would it?!

Why hasnt Yang been investigated by the FEDs and thrown in jail yet?
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by Arrgster July 14, 2008 1:54 PM PDT
Jabber, they are talking about selling the only thing that is of any value to MS. Sure that might make them a quick buck now but a year or two from now what exactly is yahoo going to be? A gutted out company with no future, how is that good for the stock holders? Once that deal is done yahoo shares are going to drop like a rock and never come back.
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by twinlord July 14, 2008 7:59 PM PDT
Arrgster is right.

I have to side with Yang. If the deal goes through, it will mean the death of yahoo. It might raise a lot of money for Icahn and the other shareholders now, but, as I see it, Icahn is planning to strip yahoo into pieces and sell it to the highest bider, just like he did in 1985 after his hostile takeover of TWA.
I can foresee the sports portal going to CNN and the great Yahoo Finance going to Forbes, and so on.

I hear Icahn plans to overthrow the current board on August 1st and installing himself in it. What is his take in it? He is no Entrepreneur, he doesn't care for the growth of the enterprise, he just wants to cash in. Otherwise, he would have added in the specifications of the deal what his future plans for the company are and how he planned to make it more profitable.

I wonder right now weather Microsoft and Icahn are really that ruthless that they are willing to take all the benefits and innovation Yahoo brings to users from the Internet community? Why is MS looking for a higher market share with the buy out. They need to promote more their image. That is what they are missing and clearly this is not helping. (off course developing a better product might actually help)

At this point in time I ask myself if Ballmer will ever change his ways, or perhaps it would be better if MS top managers got a small dose of new and innovative blood instead of high paid greedy managers. I am still waiting for that change of path Ballmer was preaching a couple of months ago.

Jerry Yang might not have been the best captain of the Yahoo ship, but I am sure He will keep the company going and improving, while Icahn just wants to make a hole in it and watch it sink while he cashes in on the insurance money.
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