Monday, March 28, 2005
Om Malik on Broadband:
"How Yahoo Got Its Mojo Back
A handful of blog-evangelists, a couple of key buys and some libertarian friendly moves have turned Yahoo from a dot.has.been to the new darling of the chattering classes. It is only a matter of time when mainstream media rediscovers Yahoo, and a stock market resurgence follows...
For Yahooligans, 2004 was a year of frustration. No one noticed the fact that company's stock posted a hefty 72% gain, ending the year at about $38 a share. Overlooked was the fact that it had sales of $3.6 billion and net income of $834 million. That's twice as much money it raked in 2003, and nearly three times the profit. It is no surprise that many Yahoo insiders felt like the Yankee fans - no matter what they did, they were going to be overshadowed by Google..."
"How Yahoo Got Its Mojo Back
A handful of blog-evangelists, a couple of key buys and some libertarian friendly moves have turned Yahoo from a dot.has.been to the new darling of the chattering classes. It is only a matter of time when mainstream media rediscovers Yahoo, and a stock market resurgence follows...
For Yahooligans, 2004 was a year of frustration. No one noticed the fact that company's stock posted a hefty 72% gain, ending the year at about $38 a share. Overlooked was the fact that it had sales of $3.6 billion and net income of $834 million. That's twice as much money it raked in 2003, and nearly three times the profit. It is no surprise that many Yahoo insiders felt like the Yankee fans - no matter what they did, they were going to be overshadowed by Google..."
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