Chief Yahoo Has Some Breathing Room–For Now

July 25, 2008 at 3:24 pm PT

Jerry Yang sounded downright confident on the company’s conference call with analysts earlier this week, despite the lackluster results for the Internet giant’s second quarter.
He even cracked wise with investors, noting lightly at the onset of the call that Yahoo Inc. (YHOO)
had “quite a disclaimer.” He chimed in as executives took questions, answering more than is his custom and sounding more upbeat than he had all year.
“Frankly I think Yahoo’s ability to perform is especially impressive in light of the extraordinary events surrounding the company this year,” Yang said in his preamble.

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Tagged with: frontpage, Jerry Yang, MarketWatch, Tech Tales, Therese Poletti, Yahoo

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Sam Harrison

sorry jerry, but turning down an offer that valued yahoo shares much higher is not joke for shareholders…you created a poison pill severance package that may have beat icahn but ultimately doomed yahoo to be google’s ad slave forever. you beat icahn but lost the war.

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