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Yahoo! wants to be your portal to everything on the Web. Focusing on search and personalized content, it’s a global internet brand.
I think there is a turnaround story here with Marissa Mayer. In addition, I think the company looks cheap right now, with a very high Owner Earnings Yield. Growth prospects still look solid, and I think that Yahoo! is cleaning up some of its web pages and applications (e.g. Yahoo! Mail), and I think Y! Sports does a nice job. Debt is manageable and earnings / book value continue to grow. Y! is still a strong brand that is recognized worldwide.
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