There have been a few stories in the last days that seem to indicate that Microsoft is still interested in Yahoo or at least its search business.

Today Chief Financial Officer, Blake Jorgensen of Yahoo said it was “not opposed” to doing a deal that would potentially sell its search business.

However, he went on to say that the search business is deeply intertwined with Yahoo’s other online products and properties, and so any deal, whether a partnership or a sale, would be done for the right reasons and the right economics.

“It’s extremely difficult to draw a line down the middle of the organization and split it into two pieces,” Jorgensen told the Goldman Sachs Technology and Internet conference.

Collins Stewart analyst Sandeep Aggarwal said these comments are signs the language between Yahoo and Microsoft is becoming softer, suggesting the companies could be entering a “more polite negotiation phase.”