
As I posted yesterday about Yahoo’s pathetic results, Wall Street hammered them yesterday and again today, sending the stock down 20% on each day. Again, stock-millionaire, CEO, Terry Semel pronounced himself "Very Proud" of the results. Investors pronounced themselves "nauseated" and continued to bail. by this morning had sent the stock down a whopping 20%. "Yahoo doesn't get anywhere near the revenue for search that Google is able to deliver, and there is a lot of upside to Yahoo if they can make even small gains in that department," said Rob Sanderson, an analyst with American Technology Research said. As for the much hoped-for ad system improvement that had been promised this quarter, "Pushing it out another quarter really deflates and disappoints people." Particularly Terry, if his options are under water. Naah, not much chance of that. ![]()
There's a fine line between success and failure!




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Man, I haven't seen a plunge like that since Italy’s World Cup final.
Posted by: makethelogobigger | July 19, 2006 7:58 PM | Permalink to Comment