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Apr 10 2009

Reports share that Yahoo’s shares will plunge further

Sardar Mohkim Khan 

image thumb66 Reports share that Yahoos shares will plunge further

I thought Yahoo’s shares have dipped so far that there wasn’t any room left for more plunge. How wrong has the latest report from Dow Jones has proven me. shares Yahoo Search’s shares might plunge further by around 3% over the next year, Yahoo admits to this but says the shares won’t plunge by that much. While the market shares may plunge further people would still continue to use Yahoo Search. So what exactly is going to end this nightmare for Yahoo? They have replaced their CEO after Jerry Yang was considered to be the source of all trouble, they have jobs to reduce costs, so what else needs to be done? Anyone with a useful tip for Yahoo?

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