Yahoo! shares drop to nearly 5-year low today (9/4). Is now the time to buy? Where is Y! headed? Is any end in sight for the troubled internet giant?

September 29, 2008

Posted by derblutenkat

( 0 ratings )

hardly. Did you see the market today by chance? Hardly ANYTHING did well. Right now the stock market is a young investors DREAM. Yahoo! Is still a strong company (how long did M$ try an negotiate a buyout/partial buyout with them?!) and will either settle on a firm niche or get bought out by another competing Internet giant. To answer your question, today is a good day to buy Yahoo! Because they're bottomed and the price drop is (again) related to the financial sector and consumer confidence...not Yahoo!'s performance.

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