Why am I not surprised to read in today's AdWeek that Yahoo made public Tuesday a 35-page document prepared mostly in December that predicts a rosy growth scenario for the Internet portal. Yahoo!, led by CEO Jerry Yang, is predicting that revenue -- minus traffic acquisition costs -- will grow 25 percent this year and 25 percent again next year to $8.8 billion in 2010 and that operating cash flow will nearly double in that time frame to $3.7 billion. In which case... They don't need to worry about the Microsoft hostile takeover... 'Cos with those projections, Microsoft would have to significantly up its $42 billion offer. Sounds like bullshit to me!
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Hey Jerry... Cut it out!
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