Yahoo Bullish In Its Forecasts

[engine]

Yahoo! Inc., the Internet company that snubbed a $44.6 billion bid from Microsoft Corp., reaffirmed its first-quarter and 2008 forecasts and laid out its case for rejecting the software maker.

Cash flow may almost double in the next three years, and sales growth goals for 2009 and 2010 are higher than analysts estimate, Yahoo said in its most detailed argument since rejecting the deal more than a month ago. That potential deserves "a significant acquisition premium," Yahoo said.

Yahoo Bullish In Its Forecasts [bloomberg.com]

[bwnbwn]

Up the $$ microsoft what this sounds like to me

[marketingmagic]

"may" is the operative word in all this.

[Hunter]

If you ask me Yahoo is making a mistake. The Stock Market was giving them good $ and they should have taken it (you too if you own it). I doubt anyone else is going to make an offer.

If I'm MSFT I'm saying to Yahoo, you know what, I'm going to lower my offer, you just aren't worth it

[WiseWebDude]

WOW...I guess it's just like the stock markets now, they rocking along with almost every economic indicator in the dumps, HUGE banks (that have been through the great depression, two world wars and more) failing, auto repo's are at ridiculous levels, home foreclosures are devastating people...there is no reason the markets should be this hot (guess same thing happened in 1929, but still). So let's see, Yahoo is in the same boat...they have no CLUE what they are doing in search, their outlook is horrible, their company all seems out on a drunken binge, or vacation, or whatever...and now they saying Yahoo is bullish in forecasts? WTH? I mean has this entire country gone out of their minds...are we in the freaking twilight zone here? Like some of you say, they must be quite off their rockers if they think Microsoft is stupid enough to fall for that bull crap and give them more. I KNOW Bill Gates is far from dumb. But, seemingly a LOT of other people sure are. WOW, if Yahoo has a bullish future, at this point, I have a darn good chance of becoming President next time then!

:guffaw:

[edited by: WiseWebDude at 9:13 pm (utc) on Mar. 18, 2008]

[sem4u]

Yahoo should just let M$ buy them. Coming out with crazy growth statements just makes them look foolish IMO.

[Hunter]

I guess it's just like the stock markets now, they rocking along with almost every economic indicator in the dumps...

WiseWeb, good points but I have to correct you about the Stock Market. One day (especially if it's a day when the FED cuts rates by .75) does not make a sustainable rally or a bottom to the selloff.

We are in a Bear Market and a serious downtrend has been in place since Oct 07 in all of the major indexes. Even if this proves to be a bottom to the Bear it's going to take some serious time to correct the damage done.

Often best to watch the Financial Markets as they do lead the economy, but a lot of people misjudge bear market rallies (which are by their nature short and sharp) as bullish indicators, when in fact they serve to just suck in the suckers and then collapse as they suck out their capital.

[WiseWebDude]

Hunter, yea, true, very good points!

[trinorthlighting]

Do I smell a hostile takeover in the works? I think Yahoo is betting that Microsoft would make that move. After all, Microsoft does have a ton of cash.

[travelin cat]

Isn't everybody bullish in their forecasts? Why else would you do a public forecast?

[WiseWebDude]

Being bullish in a forecast is one thing, being realistic is another. Oh, sure, I can say I will be President next time, but people would look at me like I was an idiot to be sure. So, if they want to be humiliated in front of the world...a bullish forecast (from Yahoo) sure can do it.

[TinkyWinky]

If Y! is such a steal as they would have us believe - then where's all the suitors lining up to get a piece...

A smoke and mirror tactic to try and eeek out a few billion more - but makes then look a bit sad.

[Sharpseo]

Apparently they're planning to increase revenue by cramming ads down our throats.

I just watched a 10 minute video clip on Yahoo Cosmos. They broke it up into 1:15 pieces, and shoved an ad between each segment. Soooo annoying. Making it even worse, it was the same ad every time (that Scottrade.com guy hovering around in his helicopter).

The video was also choppy and opens in that crappy cosmos player. Won't be returning soon...

Display ads on their properties also seem a lot more obtrusive lately.