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Yahoo! Still Undecided

Tuesday, Yahoo CEO Jerry Yang sent out his second company-wide e-mail since Microsoft made its unsolicited $44.5 billion bid for Yahoo, a message that made it into an SEC filing Wednesday. He said the same thing he said before: 'No decisions have been made about Microsoft's proposal.' 'The board, he said, 'is focused on maximizing the value of Yahoo!'s tremendous assets for our shareholders. And it is going to take the time it needs to do it right.' Clinging to the pre-tsunami past of a few days ago, he said, 'We won't let it distract us from pursuing our transformation strategy.' Right.

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