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More Squawk From Jim Cramer: Yahoo!'s (YHOO) Dichotomous Path Forward

NEW YORK (TheStreet) -- Yahoo! (YHOO - Get Report) stock is plummeting 7.86% to $26.78 this morning, after yesterday's announcement that it will explore "strategic alternatives" for its core Internet business while still working to improve the business and spin it off.

Yahoo! is cutting 15% of its workforce, closing five offices and considering asset sales as part of a restructuring meant to help CEO Marissa Mayer focus on driving revenue growth through Yahoo!'s Mavens (mobile, video, native and social media) segments.

Some investors and journalists argue that Yahoo! can turn itself around if the company focuses on growth within its Mavens segment, while others argue that the core assets are simply up for sale, TheStreet's Jim Cramer pointed out on CNBC's Squawk on the Street this morning.

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