Comments on: Icahn's questions attack Yahoo
Billionaire investor Carl Icahn kicks off the week with pointed questions for Yahoo's chairman, roughly eight weeks before the company's annual shareholders meeting and board election.
Billionaire investor Carl Icahn kicks off the week with pointed questions for Yahoo's chairman, roughly eight weeks before the company's annual shareholders meeting and board election.
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I think it's pretty obvious that this guy doesn't understand Yahoo's business and all he wants is to make a quick buck.
Yahoo clearly can't compete with goog in search or ad delivery, so either sell the company now to msft (which sucks too) but at least they have money or start REALLY listening to your customers and delivering. It's actually Yahoo that doesn't understand the economics of the internet business, judging by their results over the past couple of years. Less risk for everybody to just take MSFT's monopoly money - again Carl knows exactly what is going on.
Sad, but given their track record of lack of fundamental business grounding, Yang and crew will sink this ship faster than a hurricane!
If his clown college puppet board does get voted in, they have to figure out how to run the company for the next 2 years until the provision goes away. Who on that board can do that? Cuban? hahaha, give me a break. And what CEO wants to run a company that is just going to sold for scrap in 2 years? Not anyone that could really make a difference and drive up the share price.
And as far as a deal with Google goes, what is in it for Google? They know the business will be pulled out from under them at any time once a deal is hammered out with MS, so what is in it for them?
Sure, he can sue to get the severance plan removed, but what are his chances of winning that suit? The board was within their rights to put the plan into place.
As far as not telling the employees about the 1.5 billion. They knew. But my guess is with the current severance plan in place, many of them will make a lot more than $100,000.
I think its funny how they through a wrench into this jack@$$'s plan.
- by uohaa January 4, 2009 8:29 AM PST
- Google will hard yahoo even more in the future with youtube and facebook!
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