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Yahoo makes a cool billion
Search engine and internet portal Yahoo reported its first quarter ever in which it made more than one billion dollar in revenues.
If you ever doubted that the online advertising market was on a rebound, this is your queue. Investors certainly paid attention, as stocks for other websites relying on advertising revenues such as Google, Ask Jeeves (do people actually use that one?) and Cnet moved up after Yahoo announced its results.
Even Amazon and eBay saw their stock prises rise. Maybe it's time to fund a company with an "e-" in the name, start selling some goods over the internet and take the thing public.
January 19, 2005 at 08:23 AM | Permalink
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