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Yahoo promises massive growth

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Yahoo is aiming to increase revenue by more than 50%, while doubling cash flow, in a bid to fend off the acquisition bid by Microsoft. 

The company filed a presentation to this effect with the Securities & Exchange Commissiom (SEC) and will take the presentation to investors as well.
The growth is expected to come from selling display advertising as opposed the search advertising. Yahoo is banking on revenue of $1,9-billion via this route.
It is also expecting an 11% growth in sales, with Internet advertising hitting $8,8-billion in three years.
Yahoo also believes its stakes in Asian businesses are important for future growth.
Microsoft launched its bid for Yahoo in February. It was rejected but Microsoft hasn't given up on acquiring the company.