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When you are out of ammunition to prop out the share price of your company, the only option you have is to come up with speculations of rosy days. This is exactly what Yahoo Chairman Roy Bostock is now upto. According to Bostock not only that Yahoo will have a new CEO before new year’s eve but it would also be able to successful undertake a Yahoo-AOL merger within a week. The need to get the AOL deal is also implying that the new CEO will be an insider, according to BoomTown:

But many who have spoken to board members at Yahoo said they get the distinct impression that they are leaning toward one of their own–former Nextel head John Chapple, former media exec Frank Biondi, Jr. or former Microsoft (MSFT) exec Maggie Wilderotter (pictured here).

That is due to wanting someone who has operational skills, but also can get things moving at Yahoo, while also being able to continue to work with Yang.

He will remain on the board and regain his title of Chief Yahoo. Sources said Bostock and other board members believe that Yang remains an important and beloved figure at Yahoo among the rank and file and needs to remain involved going forward.

Another key reason for wanting to pick an insider is that Bostock has also intimated that Yahoo was ready to do a deal at any time in the next week or so to merge with AOL–with or without a new CEO in place.