By gcb0
here’s the reason why every six months you read this same headline:
previous yahoo investors invested with almost zero dividends. that means, yahoo kept all its profits.
now yahoo is still profitable, it’s just not growing as fast as the competition. those money reserves are still in the bank.
new investors think they can just pony up a few dollars for YHOO shares, pay a magazine to say yahoo is worth nothing, and convince the board to force a sale.
that would then expose those big money reserves to the current holders, giving them instant huge profits for nothing.
and this is the reason you see that every six months.
Read more here: https://news.ycombinator.com/item?id=10662259
gcb0 comments on "Yahoo Board to Weigh Potential Sale of Internet Business, Sources Say"
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