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Friday, June 20, 2008

Yahoo sinks, rats stay on board

A number of other publications (allthingsd, wsj, alleyinsider) are talking about a pretty massive Yahoo exodus in search and related technologies. They're talking of a massive reorg planned -- chicken and egg here. Reorg because of the people leaving or people leaving because of the reorg? It doesn't really matter.

The ship is rudderless. Battle stations are being abandoned. There's nothing but a bunch of rats trying to get a handhold to steer.

I have to think that Yahoo will miss estimates for the quarter -- I will be amazed if with all this distraction and discussion of the deteriorating value of the Yahoo franchise that they've managed to hold together sales for the quarter.

I wonder how low the stock will go before Yahoo pukes Panama into Microsoft's outstretched hands?

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