Question:

Do you also think that Yahoo management is pathetic?

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Pickens rips Yahoo management, sells entire stake

53 minutes ago

SAN FRANCISCO - Billionaire investor T. Boone Pickens has sold all of his holdings in Yahoo Inc. in a pique over the way the Internet company's management handled sales talks with Microsoft Corp.

Pickens told the San Francisco Chronicle that he sold all 10 million of his Yahoo shares at a loss, because he grew frustrated with the company's repeated rebuffs of Microsoft's advances.

"I think that Yahoo management was pathetic," Pickens told the Chronicle in a story published Tuesday.

http://news.yahoo.com/s/ap/20080729/ap_on_hi_te/yahoo_pickens

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Just imagine what he might have said if he knew how screwed-up Y!A is.

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3 ANSWERS


  1. I love petulant billionaires.

    Pickins bought his shares in April looking for a quick profit. Now he's angry. BOO HOO

    And his losses are BS. He'll just use them to balance his capitol gains to avoid taxes.

    Find some real news


  2. Y/A is... OMFG! seriously, if someone disagrees with your statement, why do they report you as abuse?

  3. Pickens knows a lot more about business than most of us combined.

    If he is upset with yahoo..... then yahoo probably deserves to be "mad at".

    By the way they OVER CENSOR this forum, you know they're a bunch of liberal mamby-pamby types....

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