Remember a few years ago during the internet bust when everyone was saying there was no way to make money on the net? Well yesterday Yahoo! announced they made $112.5 Million in the past quarter, not too shabby.
While Yahoo's stock has dropped because Wall Street was hoping for another blow out quarter, the turn around at Yahoo! shouldn't be overlooked. It appears to me that Terry Semel has created a company that has the right balance of media savvy and technology know how. Maintaining this balance will be critical as the company continues to compete with technology powerhouses (Google and Microsoft) while at the same time showing companies interested in advertising with them that they have the media know how.
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