According to analyst Jeffrey Lindsay, Yahoo Inc. would be worth far more if it broke up its different services into individual businesses or at least went in for a radical overhaul. Shares that rose 2.4% yesterday to $27.80 could sell for as much as $39, according to Lindsay, if it happened. But Yahoo seems unlikely to seriously alter its game plan, Reuters reports.
Lindsay wrote that Yahoo's unwillingness to change course may cause it to "slide into irrelevance." Of primary concern to Yahoo's future is, of course, its relationship to Google, which has outpaced Yahoo in advertising and search, and is proving stiff competition in email. Lindsay went on to predict that outsourcing and radical staff reductions could raise share value to $45 each.