Give Yahoo management this much: they're making Microsoft work for this one.
Earlier today Yahoo pumped out a supremely confident three-year growth forecast in a filing with the Securities and Exchange Commission. This is the company's latest maneuver in its bid to remain independent--or, failing that, fetch a much higher buyout price from Microsoft. But after paging through the document, I'm still convinced Steve Ballmer's cohorts hold the better cards.
News Corp. has already shot down false rumors that it might ride to Yahoo's rescue and that doesn't leave Jerry Yang with much wiggle … Read more