http://www.thestandard.com./node/125508/comments comments feed. en http://www.thestandard.com./predictions/yahoos-stock-price-falls-below-10-or-less <!--paging_filter--><p><!--paging_filter--> <p><!--paging_filter--> </p> <p>Carol Bartz <a href="http://yhoo.client.shareholder.com/releasedetail.cfm?ReleaseID=359016">joined Yahoo</a> as chief executive officer on Jan. 13, 2009. On her second week on the job, she reported Yahoo's money-losing Q4 earnings. Total revenues dropped 1% to 1.8 billion, which was the company's first <a href="http://latimesblogs.latimes.com/technology/2009/01/bartz-era-begin.html">revenue decline in 7 years</a>. </p> <p>Things are about to get worse for Yahoo. The company is warning shareholders to brace themselves for <a href="http://yhoo.client.shareholder.com/index.cfm">a ghastly 5%-16% revenue drop</a> for Q1 2009. Some Wall Street analysts expect Bartz, former CEO of graphics design software company Autodesk, to spend <a href="http://www.mercurynews.com/breakingnews/ci_11600453">most of the year figuring out how to turnaround the company</a> as she cleans up the mess founder Jerry Yang left for her. </p> <p>In other words, don't expect a big uptick in <a href="http://finance.yahoo.com/q?s=yhoo">Yahoo's stock price</a> any time soon.  </p> <p><b>Prediction:</b> Yahoo's shares drop to $10 or below the day the company reports its second quarter earnings. Yahoo will report Q209 earnings in late July. The closing date for this prediction will be adjusted accordingly when Yahoo sets the date for its earnings announcement. </p> <p>Image: <a href="http://www.yahoo.com">Yahoo </a></p> http://www.thestandard.com./predictions/yahoos-stock-price-falls-below-10-or-less#comments Business &amp; Finance co: Yahoo Google Microsoft nasdaq people: Carol Bartz people:jerry yang stock price YHOO Mon, 02 Feb 2009 15:24:08 -0500 Yi-Wyn Yen 125508 at http://www.thestandard.com.