Another stab at Yahoo's worth (previous): Henry Blodget attempts to clear up some of what he...

|By:, SA News Editor

Another stab at Yahoo's worth (previous): Henry Blodget attempts to clear up some of what he calls "misinformation" floating around about Yahoo (YHOO +1.5%), saying that the firm is actually only selling assets worth about $12B - not the widely reported $17B figure - with only a maximum of 2/3 of that total in cash. Pulling out his calculator, he adds this cash figure back along with estimates for other non-core Yahoo assets to derive a total of $15/share. If he's right, the market is only pricing in a slim premium for Yahoo's core assets - primarily due to the risk of the deal backfiring.