Yahoo's Cash Flow will Grow!

Yahoo yesterday reaffirmed its future earnings forecasts and presented a trustworthy case for rejecting a $44.6 billion takeover bid from Microsoft. Jerry Yang says that Yahoo's cash flow could potentially double in the next three years, and sales growth goals for the next 2 years are higher than analysts estimated!

The original offer of $31 a share has declined because of Microsoft's falling share price. My bets are with Yahoo, which isn't the norm. I really hope Yahoo doesn't get bought. It will absolutely destroy their award-winning brand and recognition around the globe. And I really don't think that Microsoft buying Yahoo will lead to a stronger competitor to Google!