What the hell? Since my blindingly obvious post yesterday that said the post-2000 crash was worse for tech than this recent one was somehow considered controversial, how about an actual controversial statement to start this morning: Why Yahoo shouldn’t rush to fire Carol Bartz.
Yesterday, we wrote about the Twitter dog pile on Bartz, but I doubt the Yahoo board or management are feeling too much pressure from that-- they’ve got actual shareholders to contend with and those shareholders aren’t happy. Many bought into Yahoo assuming there was no way a public traded company could fend off Microsoft forever and now they’ve been stuck in a stock that’s barely budged from $13 a share in recent days and hasn’t gotten over $20 a share during her tenure. (As a reminder Microsoft offered $31 per share.) People are looking for catalysts to make the stock pop and get out.
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