Yahoo is vulnerable to the extent that they're going to have to do something, ... Not necessarily an outright sale of the company so some sort of very close affiliation.
More Quotes from Vince Farrell:
The good news in this correction was that there was a reason for it to correct,Vince Farrell
I think BellSouth looks very attractive. I think this is a terrific business with very good management, broad, diversified portfolio businesses, ... I think ATT Wireless looks very attractive at this 9 price. And you mention these names, people just cringe but that's probably a good sign.
Vince Farrell
I would be reluctant to liquidate positions, because I really do think that the next big, big move in the market is still up, ... I just think there's some noise between now and then.
Vince Farrell
But nobody wants to hear about gains over the next couple of years,
Vince Farrell
I think they should be very, very cautious. There's no rush but if you have some cash, now is the time buy selectively, ... I believe we're going to have a very quiet August but there's an old rule Never sell short a dull market because you usually get pretty good rallies.
Vince Farrell
I don't know if you could say definitively we're in a recession yet, ... I think the markets have been hoping for a three-quarter-point cut. And I believe this is going to take the wind out of a rally.
Vince Farrell
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