Though Yahoo (YHOO) sold off on reports that its Asian asset sales are in jeopardy (I, II),...

|By:, SA News Editor

Though Yahoo (YHOO) sold off on reports that its Asian asset sales are in jeopardy (I, II), Helix Investment considers Yahoo to be a buy even if the deals fall apart. Helix notes Yahoo's pro rata share of earnings generated by Alibaba (ALBCF.PK) and Yahoo Japan are propping up its bottom line, and that the company's annual operating cash flow still stands at a healthy $1.3B.