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Yahoo: Q1 Fine, Here’s Our Awesome Plan!

March 19, 2008
by Henry Blodget
Blogger, Silicon Alley Insider

Henry Blodget

Yahoo dispelled concerns that Q1 will be a disaster and released details of its last, best hope to stave off a Microsoft acquisition: its own growth plan.

The plan calls for revenue and cash flow acceleration in 2009 and 2010 (after a retrenchment in 2008). It also provides support for Yahoo’s argument that it’s worth at least $40 a share.

We think the plan is more of a “best case” scenario than a “most likely” case, but at least we now have concrete assumptions on which to evaluate Yahoo’s evaluation of itself.

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