YHOO cancels at conference

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07.03.01 14:20

10635 Postings, 7618 Tage Ramses IIYHOO cancels at conference

YHOO cancels at conference (YHOO) by Emily Church
 
Yahoo (YHOO) has pulled out a scheduled appearance at a Merrill Lynch Internet conference on Thursday, the firm's analyst Henry Blodget is telling clients. "To our knowledge, Yahoo has never cancelled the day before a conference," he says, going to speculate that the reasons behind the pullout are likely due to an "impending earnings preannouncement, a major acquisition, a take-out or strategic investment and/or a major management change." Or, it could be none of the above. "Let your imagination roam," Blodget advises.  

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