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DONALD TURNBULL
Luis A. Ferre: "Reason does not need to yell, it convinces."
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Member Since: 1/2006Last Seen: 10/19/2009
Member Since: 1/2006Last Seen: 10/19/2009
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Yang betting on Y!Open to save Yahoo!
News Type: Event — Seeded on Mon May 5, 2008 7:37 AM EDT
Article Source: CNET News.comadvertisement
In a memo to Yahoo employees, co-founder and CEO Jerry Yang asked his troops to redouble their efforts and to focus on executing what he called the most important transition in the company's history. It was the expected post-game motivational speech after declining to take Microsoft $33 per share offer.
On Monday Yang, will face some irate investors and employees. The stock is expected to head south at the market open. He will need to provide more evidence than slideware about doubling operating cash flow in three years that Yahoo has a plan to grow revenue and profits ahead of competitors.
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 | Slim chance, but Microsoft could still get Yahoo | msnbc.com | Tue May 6 | 0 |
| Microsoft Walks Away From Yahoo | Bloomberg.com | Sun May 4 | 1 |
| Microsoft says it is ending bid for Yahoo | CNN | Sat May 3 | 1 |
 | Blame plentiful in failed Microsoft-Yahoo deal | Associated Press | Mon May 5 | 0 |
| ABC News: Microsoft and Yahoo: Now What? | ABC News | Mon May 5 | 0 |
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