Yahoo! (YHOO)

Stock prices have two components - growth expectations and the underlying value of the company. Since Yahoo’s last earnings call, the stock has been moving up because growth expectations have been increasing. This earnings call proved that the belief was unjustified. So the stock fell. Yahoo is still a great company. It has the most popular online portal in the world and I believe that Panama will be highly successful in boosting earnings. I would buy it sometime between now and the next earnings call. I am looking for it to drop some more - 25 would probably be a good time to pick it up.