Has Yahoo! Bottomed Out?
Read the full article at: http://www.themarleygroup.com/2006/10/25/has-yahoo-bottomed-out/
Submitted by TheMarleyGroup on Wed, 2006-10-25 02:58.
(via www.themarleygroup.com)
After shedding more than 40% of their value this year, shares of Yahoo! may be approaching a bottom. Relative to their peers Yahoo! looks cheap by many valuation measures.
General agreement
In general agreement that Yahoo may be too cheap on a relative basis especially vis a vis Google. Recent numbers have disappointed but it is clear that management are taking steps to overhaul their product and sister sites. Cautiously optimistic that Yahoo will make a comeback and the valuations will narrow.