In this story from The Naples Daily News, local resident Eric Jackson manages to shake up Silicon Valley giant Yahoo (YHOO – $27.13). Because I was the first blogger to notice Mr. Jackson's Plan B campaign to increase shareholder value at Yahoo, reporter Laura Laydon called up for a couple quotes.
My quotes from the Naples Daily News:
After reading Jackson’s blog, Neubert pledged his 4,500 shares (worth about $120,000 at the time).
Disclosures and Confessions: I own Yahoo, though I have decreased my position a bit lately (recently I sold 1/4 of my share position at $27.89) I'm short Jan 2008 35 strike calls against half my position of YHOO and am also short Jan 2008 30 strike puts. I like the Yahoo! product. I use their email and use MyYahoo as my homepage. I make extensive use of Yahoo Finance. I also like their newsreader in YahooMailBeta. I've even started using Yahoo search more than Google lately.
Photo Source: Eric Jackson and Flickr.com