Yahoo! Range Bound

Originally Published in Charting the Markets October 17, 2007 9:47 AM

Over the past 12 months Yahoo! (YHOO-NASDAQ) has witnessed takeover speculation, management turmoil, weak operating results and market share losses in search, and their stocks one year chart reflects the confusion. They say the trend is your friend, but in Yahoo’s case that might not apply, since there is no clear trend. Perhaps Microsoft will eventually make Jerry Yang’s tenure as CEO a short one, but for now the stock likely remains range bound. No Position

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