Get Widget

Yahoo! Shareholders In Favor of Selling

3226026 Shares
  • Start Date:
    2-10-2008
  • Last Pledge:
    10-9-2008

Description:

Issue:

 Yahoo! is a great company and brand.  Last year, when our grassroots shareholder group was formed, we advocated rapid action to turn around the company so that it could stay strong and independent.  Although some changes have taken place, including installing Jerry Yang as CEO last June, there have not been enough.  As Wall Street lost confidence in the company based on the results and a lack of strategic direction, the stock price dropped below $20.  Microsoft made a $33 offer for the company, which Yahoo!'s board has deliberated and rejected.  Shareholders have had to live with the consequences of this poor choice.

Belief:

We believe that the Yahoo! board does not have the moral authority to represent our views as shareholders in discussions with Microsoft or any other company who wants to buy Yahoo!  At the last annual meeting in August, Yahoo! shareholders again voted in record numbers "against" several Yahoo! directors including Chairman Roy Bostock and CEO Jerry Yang. 

If we remain isolated, disenfranchised shareholders (whether we an individual owning 1 share or we are a large institutional investor owning thousands of shares), we are powerless to control how Yahoo!'s board acts in getting the best possible outcome for us.  If we band together, we can control our own destiny.  Together, we can encourage Yahoo! to change for the better and maximize our shareholder value.

I pledge to...

add my Yahoo! shares that I own to this "Yahoo! Plan B" Group in order for the group to negotiate the highest possible price for my Yahoo! shares.  I realize that this is an informal pledge, but I represent that I truly own the Yahoo! shares I say I do and am willing to be contacted to verify this.  I understand that Eric Jackson or someone else from the "Yahoo! Plan B" Group will contact me later about the best possible price they are able to negotiate from a buyer, before I will agree to tender my shares.

Shares:
Tell a FriendCreate a CampaignBookmark
« first‹ previous12
Submitted on 2-11-2008

I have 5000 shares (acquired 1400) since Plan B started. The widget won't let me change my holdings.

I am a loyal Yahoo user. i would love to see a company like Microsoft help monetize all the traffic Yahoo gets.

Submitted on 2-11-2008

Thanks! Your shares have been updated to 5,000!

Submitted on 2-11-2008

my 2000 shares at $40

Submitted on 2-11-2008

Yahoo board likes the perks of making money and doing almost nothing. It makes sense for MSFT to want to buy YAHOO and challenge GOOG if MSFT ever wants to keep doing business. Packaged software business is declining and MSFT is looking to the future. So should we and selling shares is the first step, although I would be willing to exchange share as well.

Submitted on 2-11-2008

Well said Eric, and I pledge my shares in agreement.

Submitted on 2-11-2008

I thought $31/share was a good price and with the obvious synergies, will field a better product to compete with Google. Google was rightfully nervous. I was actually interested in converting to MSFT stock since I consider it a better value than "yahoo alone". Count me in for the PLAN-B!

Submitted on 2-11-2008

I pledge to hold out, and not run with my money. Once again, shareholders speak on behalf of their wallets, not the users, those who truly believe in the brand and Yahoo!. At the end of the day, does selling Yahoo! to MSFT mean people will stop Google'ing

Submitted on 2-11-2008

Once again, shareholders speak on behalf of their wallets, not the users, those who truly believe in the brand and Yahoo!. At the end of the day, does selling Yahoo! to MSFT mean people will stop Google'ing?

Submitted on 2-11-2008

was an early yahoo, now i've lost all confidence in some folks i still call 'friend.' it's not personal, it's business and i've lost my patience. SELL.

Submitted on 2-11-2008

Tried to pledge 10K shares...didn't click on.

Submitted on 2-16-2008

hey all you idiots who want to sell. whats stopping you? sell your shares on the open market. its a free country and a free market. why should you care who buys your shares?

Submitted on 2-11-2008

Yahoo continues to drag their feet on making decisions throughout the company. They are unable to make quick decisions on opportunities. The groups seem to be working autonomously without a clear strategy.

Take the Microsoft bid or any other bid greater than the current offer. Removing Semel was only the start. With the same team in place we should expect the same performance. Let's move on!

Submitted on 2-11-2008

Yahoo has had MORE than enough time to monetize their traffic and make moves to bring the company back to the top. They simply can not execute! I would like them to do their duty and search for the highest/ best bid.. but they they need to SELL!

Submitted on 2-11-2008

Eric, you're once again doing a great job standing up for the individual shareholder. I look forward to this being another successful 'grass-roots' shareholder campaign

Submitted on 1-16-2008

Congratulation, Eric, on the one year anniversary of you Yahoo! Plan B. What a great message for small investors making their voice heard.

Submitted on 6-27-2007
Yahoo used to be king. They've handed Google half their business and rewarded the executives for a "job well done". I'm picking up shares as it falls back... Yahoo's advertising cost structure is better/cheaper than Google's. They need to market it! Kudos to those who created this campaign.
Submitted on 6-13-2007
I am wirting this to congratulate Eric Jackson, the sponsor of the YouChoose "Yahoo! Plan B" campaign, on the great job he did promoting his campaign. He was hard to miss: Wall Street Journal, New York Times, CNBC. The list goes on and on. And the effects were real. The Yahoo! shareholders meeting yesterday produced one of the largest votes withheld for a board of directors. Congratulations Eric!
Submitted on 6-8-2007
oops.. could the owner of this pledge delete mine or change it to 1500 i have spastic cerebral palsy and my figere went crazy on the key.
Submitted on 4-16-2007
Well, here we go again. Google out bid Yahoo for the purchase of Double Click. With Google's purchase, all other advertising publisher stock went up. ONe as much as 13%. Now if Yahoo acts on the purchase of any of these other company's it will now cost more! Change is needed!
Submitted on 2-23-2007
We're excited to be hosting Eric's 'Yahoo! Plan B' Pledge Campaign on YouChoose. Eric raises a lot of good points and provides his solutions to increasing Yahoo shareholder value. You may agree - you may not. But that's what YouChoose is for. Debate your position here.
Submitted on 2-10-2008

Eric, you're once again doing a great job standing up for the individual shareholder. I look forward to this being another successful 'grass-roots' shareholder campaign!

« first‹ previous12
Loading People...