Wednesday, April 18, 2007

Yahoooooo? or Ya Who??

Yahoo screwed up. That's the sum of it.

Yahoo reported net income of $142 million, or 10 cents a share, down 11 percent from a year earlier and below analysts' forecasts of 11 cents a share.

It's 10:48 EST. Yahoo is already down 11% on more than double the average volume. Not good. More troubled times ahead for Yahoo and for its investors. I believe that Yahoo, Ebay and Google will rule the internet. I can't confidently say that anymore!

May be it is the time to act on Peanut butter memo.

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