Investors never like to see a company's name mentioned along side the term 'subpoena. |
It will be interesting to see if other companies try to shut them out. |
The bottom line is that, despite some longer-term issues, we think weak industry sentiment combined with some valid company-specific concerns have pushed the stock lower than is justified. We believe that the near-term positives outweigh the near-term risks. |
We thought the new openness was refreshing. |
While not directly related to Yahoo!, such news flow raises the profile of questionable Internet practices, and we think it increases headline risks for the group. |