Cramer Restates That Semel Should Leave Yahoo!

Posted: April 18, 2007 at 5:13 pm

Tonight Cramer on CNBC’s MAD MONEY reviewed his WALL OF SHAME where he reviewed CEO’s that would make a rally if they simply left the company.  Terry Semel of Yahoo! (YHOO-NASDAQ) showed his true stripes after the stock fell 12%.  Cramer is putting him on the #1 position on the Wall of Shame for steady overpromise and underdelivery.  Cramer thinks that Semel should go.

I actually noted Semel on this list of OUR 10 CEO’s THAT NEED TO GO back in December.  Before you read that list, 4 of the 10 have gone (if you count the XM-SIRI merger) but not all of these remaining on the list are outright calls to leave. 

Jon C. Ogg
April 18, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

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