This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Like Yahoo!, It Doesn't Matter What Facebook Reports

NEW YORK ( TheStreet) -- One of my favorite tech media personalities in the world is Kara Swisher from All Things D.

There's something about her snarky attitude that drives the reader and writer in me wild.

Swisher gets scoops on many stocks, but lately she's nailing Yahoo! (YHOO - Get Report). She won't admit it, but I think Swisher moonlights as one of Marissa Mayer's executive assistants. For whatever reason, the otherwise sharp CEO has yet to put two and two together.

At the same time as I appreciate her coverage of Yahoo!, my snark radar goes insane every time she writes about the company.

On Monday, I took to Twitter, exchanging thoughts about Yahoo! as I do from time to time with Swisher.

Swisher took exception, not with its existence, but with the media's lack of focus on a one-time gain (from the sale of an Alibaba stake) that pushed EPS to a seemingly impressive beat.

In our discussion, Swisher argued that YHOO soared because of the "EPS fake," not Mayer's excellent conference call performance. Although she credited Mayer with doing a good job, Swisher stopped short of connecting the stock's after-hours' run -- which, as of this writing, has held up more than nicely -- with the first-time CEO's confident genius.

That's where I part ways with most people who, at day's end, appear to have no time for young and relatively aggressive CEOs like Mayer and Facebook's (FB - Get Report) Mark Zuckerberg.

I say "have no time" because of the notion that Mayer's "hall pass," as Swisher called it, covers just two quarters. If Swisher is being generous, that's roughly five to six more months. If she's counting the quarter reported Monday, Mayer already lives on borrowed time.

If that's true, it's unfortunate.

I have a feeling, however, that the tide is slowly turning thanks to young blood such as Mayer and Zuckerberg.

YHOO and, to a lesser extent, FB provide proof.

These CEOs do not live and die by the numbers. Say what you will about them, but it's difficult to find more straightforward CEOs than Mayer and Zuckerberg. Listen to Yahoo!'s call from yesterday. Catch some of Zuckerberg's recent media appearances.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
FB $88.43 -1.10%
YHOO $31.66 -1.80%
AAPL $110.94 -1.60%
GOOG $605.59 -2.00%
TSLA $243.05 -2.40%

Markets

Chart of I:DJI
DOW 16,165.65 -362.38 -2.19%
S&P 500 1,932.06 -40.12 -2.03%
NASDAQ 4,696.8210 -79.6870 -1.67%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs