Yahoo expects 25% growth in '08, '09

March 19, 2008 Looking to encourage Microsoft to raise its $42 billion bid to acquire the company, Yahoo made public Tuesday a 35-page document prepared mostly in December that predicts a rosy growth scenario for the Internet giant. Yahoo, led by CEO Jerry Yang, is predicting that revenue -- minus traffic acquisition costs -- will grow 25% this year and 25% again next year to $8.8 billion in 2010 and that operating cash flow will nearly double in that time frame to $3.7 billion. The company is clearly laying out a very optimistic scenario," said RBC Capital Markets analyst Ross Sandler, who called the guidance "lofty expectations.

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