Yahoo stands firm on Microsoft

[temi]

Yahoo has unveiled upbeat growth forecasts as it tries to convince investors that Microsoft's $44.6bn (£22.3bn) bid undervalues the company. Internet portal Yahoo says it will about double its operating cash flow over the next three years and generate $8.8bn in revenue after costs in 2010.



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[lajocar]

Yahoo has a right to believe that they are undervalued.

The can demand a higher price