Rogi - 1:54 pm on Jan 25, 2006 (gmt 0)

I see it as a strategical move.

Yahoo announces that it can't catch google.
Yahoo shares drop
Wall Street expectations on Yahoo drop.

Now the expectations are lower.

Yahoo releases annual reports
Yahoo profits up FAR BEYOND wall street expectations
Yahoo shares soar to record highs
Yahoo is back where it is today except with a lot more $$$ because of higher stock prices.

Or then again... they might just be a realistic bunch of people and realise Google is too big to catch