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To: 24601 who wrote (8012)7/8/1999 11:49:00 AM
From: Norman Klein  Read Replies (1) | Respond to of 11417
 
Yahoo Profits Exceed Estimates

wired.com

The market can exhale now. Yahoo reported its earnings and they're fine.

The first Net bellwether to ante up spring numbers said Wednesday that strong traffic and advertising growth drove operational profits well past official Wall Street estimates.

Once the current madness abates, this news will really help us. As the article states further down:

"the company has passed an important check-up that serves as a gauge for the broader health of the Net, and analysts expect that the results will help boost Net stocks in the following weeks.