Look for Yahoo to be acquired by MSFT for > $23.00 per share, possibly as high as $30 in the next 12 months. Yahoo still a very valuable and capable franchise under new management. They can derive extra income by tapping some of Google's advertising expertise, meanwhile the company owns precious assets in China's burgeoning market. I realize China investments aren't as newsworthy as they were a year ago, but Chinese internet development will still rocket upwards in all economic winds. Microsoft needs to own Yahoo's search market share, if it doesn't, it risks becoming a real zero in the tech world. It may end up being that way anyway, but they at least have to go down fighting in my opinion.