Sum Of Yahoo’s Parts Worth More Than The Whole: Analyst
Shares of Yahoo (NSDQ: YHOO) are jumping today, following a much talked-about report from Sanford Bernstein analyst Jeffrey Lindsay, arguing that the combined value of Yahoo’s various divisions are worth more than its current market value. He breaks the company down into three businesses, display advertising, search and subscriptions, assigning each a value based on the market value of comparable firms: --