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April 18, 2007
Filed Under (Yahoo) by Matt / Derick on 04-18-2007
Back in November I was asking myself if the time to buy Yahoo stock was upon us. The way I saw it then, Panama was going to temporarily boost Yahoo's revenues and, consequently, raise stock prices. Well… it looks like I was half right. Yahoo's Q1 2007 results [PDF] were released yesterday. And although Yahoo's revenues were up 7%, their costs were up as well. As a result… investors weren't happy and Yahoo's stock got pounded in the process. Juuuust great. Yahoo… what are you doing?? Google is busy chasing every market and every other company under the sun. Their fingers are in more pies than at any other time in their history. They're fighting legal battles and backlash and this and that. And where are you? This is the perfect opportunity for you to swoop in and reclaim some search share. - Matt
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