Tuesday, June 19, 2007

Yahoo! Stumbles

... again. Their Chief Technology Officer resigned a few weeks back, and their CEO departed yesterday. So what do you do, you name one of your co-founders as CEO (not acting CEO, just plain CEO). Today is Jerry Yang's first day on the job and the stock is down.

I think the market recognizes that this move alone will not make the company relevant. There is a lot of speculation that the company is in play to be acquired or merged with, anything to turn the company around and find a capacity to execute.



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