Leadership keeps saying it can somehow improve it’s broken Success Formula and thusly turn the company around.
The stock was punished, dropping to it’s lowest price of the year.
The company had been laying off thousands, and most analysts were calling for more reductions.
The Siren’s song of quick returns from Defend & Extend Management lured even the maverick CEO Ed Zander onto the rocks of disaster.
The world’s largest software company admitted it fears Google, and to play catch-up in on-line ad revenue it has decided to buy Yahoo! Because of its huge cash hoard, if Microsoft wants Yahoo! it will get it.
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