here&#x27;s the reason why every six months you read this same headline:<p>previous yahoo investors invested with almost zero dividends. that means, yahoo kept all its profits.<p>now yahoo is still profitable, it&#x27;s just not growing as fast as the competition. those money reserves are still in the bank.<p>new investors think they can just pony up a few dollars for YHOO shares, pay a magazine to say yahoo is worth nothing, and convince the board to force a sale.<p>that would then expose those big money reserves to the current holders, giving them instant huge profits for nothing.<p>and this is the reason you see that every six months.