Yahoo CEO Jerry Yang wisely emerged from his bunker today, updating Yahoo's worldwide workforce about the Microsoft offer via an email message and patting them all on the head.
Jerry stuck to lower-case (this seems to be his official Yahoo communication style--we would recommend he use the more presidential and confidence-inspiring standard English). This said, the message was smart and timely, if meandering (we would have gone with a more direct Subject, though):
Subject: Building on our strengths
first off, I want to thank you for the great job you're doing staying focused on executing our priorities. there's obviously been a lot of talk about yahoo! in recent days and we won't let it distract us from pursuing our transformation strategy.
roy and I have communicated about the thorough review process our board is going through right now. the board 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.