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Jerry Yang Has Lost His Marbles



July 09, 2008 – Comments (0) | RELATED TICKERS: YHOO , MSFT

"To trust Mr. Icahn and his board is really a bad choice," Mr. Yang said in an interview.

Uh. Hey Jerry. Trusting you has led investors to take a bath on a company that can't even figure out what it's real business is, a has been getting killed by every competitor from every direction. And Jerry, your hairbrained "defense" against the takout offer has been among the most ridiculous Wall Street has ever seen, what with the coming back and begging when your artificial, plucked-from-the-air, price per share was refused by those who know what Yahoo! is actually worth on its own (like Microsoft) and were willing to pay you a bit of a premium in order to get your company back on the track to relevance.

Yahoo shareholders, here's your final proof that the company is being run by a guy whose luck has run out, and who doesn't seem to realize just how lucky he was in the first place.

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