Thursday, June 26, 2008

Stock Watch for Today : YHOO

By all accounts, Sue Decker will be announcing the much anticipated reorganization plan for Yahoo! later today.

With the stock at almost pre-Microsoft-offer prices this week, it will be interesting to see the investor community and shareholder reaction to the plans .... and whether or not there will be layoffs.

Time to buy yet?. Really tough call. Nobody really knows what Icahn or Microsoft will do next (as of this post).

Best place to watch pick : Kara Swisher at All Things Digital for this one.