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Dear Marissa: We Wish You'd Listened to Us

If you've been watching the news this week, you know that embattled Yahoo Inc. (Nasdaq: YHOO) CEO Marissa Mayer has unveiled a too-little/too-late plan to fix the moribund Internet search pioneer.

On Tuesday, Yahoo said it would fire 15% of its workers, separate its 15% stake in Chinese e-commerce giant Alibaba Group Holding Co. Ltd. (NYSE: BABA), and explore "strategic alternatives" for the rest of the company's Internet businesses.

That's a Wall Street euphemism for "We're putting the company up for sale."

  1. George Wilson | February 3, 2016

    Well, Mr Patalon That's a nice story, but what does it mean for your readers?

  2. Pamela Stevenson | February 4, 2016

    Are we in for another market slide like we had in 2007-2009? The 2 steps down, and 1 step up game? The market does seem to be doing it at this time. Back in August we were in the 18000's. Now we are nibbling at 15000's. Are we headed to 6000 again? What is driving the market down again? Are there any places that we can put our money that will safeguard our principle? I am older. I don't have another 10 years to wait for the market to come back up again!

  3. al | February 5, 2016

    us treasuries or bank for safety of principal. or munis

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