In a presentation filed with the SEC and embedded below, Yahoo declares that by 2010, revenues will reach $8.8 billion, up 72 percent from last year's $5.1 billion. "Display is a larger opportunity than search, and we are positioned to extend our leadership in display," Yahoo's argument goes. It's Yahoo CEO Jerry Yang's latest public plea for Yahoo shareholders to ignore Microsoft CEO Steve Ballmer's hostile bid for the company. Highlighting Yahoo Open Search, Yahoo Buzz, and the Yahoo Display Ad Platform, Yang and the gang argue "Yahoo warrants a significant premium above its equity value." Your copy of the presentation, below.
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The PPT will appear in a moment. Just after Scribd notices the doc isn't marked private anymore.
Yang also promised to shoot himself in the face. Which by my account, will definitely raise the stock price.
Scribd=FAIL, so I went with a DocStoc embed of the .pdf
That is quite a bold statement especially with Google not going anywhere.
What a cocky little bitch.
The grammar in points 2-5 irritates me.
Dear friends in YSS: I am still wondering why you haven't quit yet
Promises, promises. However, the same point remains, while the current leadership are there, none of this will happen.
This is the first time in years that I've seen a "plan" from Yahoo leadership. It's a step in the right direction, even if the precipice is 2 steps away.
actually an impressive plan.
if geeks were good enough to run businesses, yahoo wouldn't suck so much.
I've been wary of the word "positioned" ever since the vet said my dying dog was "positioned for a dramatic recovery."
Bwwwwaaaahhhh. Yang it's over, bruh. Holla at 'cha boy Ballmer asap!
It feels like Yang is the circus ringmaster saying "The show must go on!" Sadly, the big tent is deflating, the big acts are gone and the clowns are running the show.
blah blah blah -- let me get this straight. They've seen OCF fall by 5% a year for the last two years, and in the next two years, they're going to grow it by 5% per year?
Seems less than likely.
Also, isn't one of the key strategic priorities missing? What happened to "Partner of Choice?"
And with Rapt being gobbled by Microsoft, doesn't it make it at least a little bit harder to execute on the display biz?
Sue Decker is a coward!
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