Yahoo to Microsoft: We can make billions of dollars without you

Yahoo says it can survive on its own, thank you very much. According to a Reuters report, Yahoo published its three-year

forecast in which it predicts it will almost double its operating cash flow to $3.7 billion, and increase revenue, xcluding payments to affiliates, to $8.8 billion. It also expects an additional $1.9 billion revenue in display vide advertising. These numbers indicate why the Silicon Valley firm believes Microsoft's paltry bid severely undervalues the company.

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