OK the big Alibaba deal is done and the market is digesting. Yahoo has reached an inflexion point where the Alibaba component is now fully valued. Yahoo needs to quickly turn on the jets and prove to shareholders that there is gas in the tank.
We need to see some clever acquisitions and more than one hundred million dollar deal. A steady barrage of acquisitions would be preferable. As it would signal a technology focus and start to define Yahoo as a leader and not an also ran.
With this amount of cash there must be room for a dividend. Buy and hold investors will accumulate and build a shareholder base which is woefully lacking. Declaring a dividend has not hurt high tech.
If in the next few months there are no significant announcements than Management is brain dead and has no clue for the future.
George Gutowski writes from a caveat emptor perspective.