Are You Getting Microhoo Fatigue Too?

You know Yahoo doesn’t have much left on the table when it trots out a board presentation from December—well before Microsoft’s unsolicited offer—saying it’s going to do better than everyone expects. You know it even more when analysts view this as a negative, because it indicates Yahoo’s many rumored deals aren’t going to happen (as we really knew already). Actually, as Henry Blodget points out, the assumptions are not completely unreasonable. But with what has to be a challenging first quarter closing in just a couple of weeks, when results will be scrutinized even more closely than usual, you wonder if this is another Hail Jerry pass. Some investors, at least, clearly think so.

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