Aol Shareholders Freak Out Over Exec Departures ? As They Should

An inordinate amount of business deals with telling stories about the future. The reason Yahoo's market cap is down to $19.83 billion from a high of $55 billion is because shareholders don't believe that it has a future. The reason Aol bought Bebo for $850 million (a little over half of Aol's current market cap!) is that at the time it essentially believed -- after processing analysis and reports, of course -- that it was worth that much ?

Source: http://feedproxy.google.com/~r/Techcrunch/~3/zAz2RUSYVS0/

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