2008年9月26日金曜日

Yahoo Is Still Searching

The highest officer who spoke it in a calm voice of Yahoo comes to have been rarely full of life in public at least. However, please ask him even a thing of his company about a few performance on last year and he begins to swat a table — Very lightly — Letting you stop his answer by experience of the irritation. 

Jan said that "we had a plan" in an interview last week in the headquarters of Yahoo of here. "We want to extend business on three- until a period of five years". We are to carry it out for the plan. And there is still us in spite of everything which happened to us in that way. " 

Of course everything which happened mentions turbulence crowded only in Yahoo from January 31. Microsoft did the tender offer that I did not rely on then. At that time, the common sense was the Microsoft and the CEO (Steven A. Balmer) demanding a price intensely swallows a company fast. 

However, Jan became the survivor who did not seem to be it — At least for now. As for him, an application to the shopping whole or part for Yahoo repulsed Mr. Balmer that it seemed that I was insufficient by a board of Jan and him. And he rejected curl C eye perception (an activist shareholder). And the person was going to get influence of Yahoo, but received three seats on a foaming board. 

The problem is still left whether Jan is an appropriate man for work. 

Many stockholders fly into a rage with him. The stock trading was equal to or less than 33 dollars that allotment Microsoft offered in around 20 dollars distantly in May, and, for the merger negotiation that they failed in, approximately 20,000,000,000 dollars suffered from Yahoo investor. Eric Jackson after the stockholder in the one year of the company which met on Friday said "I thought that there was an opportunity to let them do something with their manual palm and when they failed to do it". 

Jackson is a part of about 3,200,000 pieces individual stockholder groups having Yahoo stock in a group. The investor who influenced about 15% of an allotment supposed in a meeting on Friday voted for a board against reelection of Jan — Mean prolonged concern for his leadership. 

Jan says that he understands the frustration of the stockholder. However, he says that Yahoo intended to sell it in itself at a normal price and criticizes Microsoft by trouble in a conference. 

I completely warn him in Yahoo, and he is said to look forward to changing it into the most popular "starting point" for an Internet user by him for the moment. The company says that it develops the powerful new advertisement system which can establish an advertisement in Yahoo and the other sites over there of the Internet. 

He said that "I was more determined than to this to make sure of those changes and was excited more". 
For many stockholders, the thought to change Yahoo into the one that a team of Jan and him has better is only a fantasy. 

Mark Nelson (a cofounder of Mitra Capital) said that "these people drank just Kool-Aid of their own". And it owns about 1,700,000 pieces Yahoo stock. "They do not get it". They do not understand reality of their work. " 

MR. I say a thing same as the viewpoint of many stockholders and analysts saying that nothing did the comment of NELSON so that the company restores the competition viewpoint with Jan (a cofounder of Yahoo of 1994) about Google. They say that Yahoo was indecisive. And it ends in an added change. 

The result of Yahoo continued disappointing a person. The profit developed 6% between synchronization vs. the extremely recent quarter last year much than 39% of Google more slowly. And the stock of Yahoo is Terry S. I continued the stable slide that began in January, 2006 with Semel and the highest officer. About 27% stocks fall down (it is almost one four - years is low) since Jan succeeded the front for 13 months. Between the synchronization, the NASDAQ lost 11%. 

It is not clear that Jan gets time when it is necessary for him to carry out his plan. Or probably, in Microsoft, Yahoo is going to have been able to get the search business newly. If it does so it, it is sure that stockholder pressure to Yahoo having dealings is intense. And Yahoo counts eye Kan and 2 of his sworn friends get on the 11 - members immediately.
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