It is sad to see a pioneering Internet brand whittle away piece by piece. There seems to be no strategic plan in place to take the company out of its doldrums. All the top talent is on its way out with 3 more leaving today. With each departure, value of the company sinks a bit further. Is the board going to let the company self-destruct or will saner heads prevail?

Their mobile business is pretty solid, that alone is worth a lot. The online search business is pretty much done for now, they should focus more and more on mobile and use that to reinvigorate the company and their valuation.