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To: r.edwards who wrote (11260)4/5/2000 10:53:00 PM
From: Dealer  Respond to of 35685
 
YOHOO Earnings Surprise:

Yahoo (YHOO: news, msgs) posted earnings that exceeded expectations by a penny as traffic surged and sales exceeded even the most optimistic projections. The Internet portal company reported first-quarter profits of 10 cents a share, excluding acquisition-related charges, charges for taxes on non-qualified options and a gain from the exchange of equity investments. That's better than the 9 cents a share expected, and up from 3 cents in the same period a year ago, and even with the10 cents for the previous quarter. Yahoo generated $228 million in quarterly sales, up 119 percent from $104 million in the year-ago period, and better than the $201 million posted in 1999's holiday quarter. The stock closed down 1 13/16 to 165 9/16.