We're investing our March $500 in additional shares of Yahoo! (Nasdaq: YHOO) based on the five-year potential of this beaten down Internet franchise. This is the world's #1 Internet destination with 180 million unique users -- at a price of $13 billion, which includes $1.7 billion in the bank and no debt. That's 32x trailing free cash flow, if you include stock option tax benefits. CEO Tim Koogle and COO Jeff Mallett have built an organization that's aggressive, focused, and profit-centered.
ACTION # STOCK PRICE COMS'N CASH PAID Bought 22 YHOO $23.44 0 $515.63