Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Danny who wrote (103587)	5/18/2000 8:57:00 PM
From: Robert Rose	Read Replies (1) \| Respond to of 164684

Thursday May 18, 8:30 pm Eastern Time Yahoo! highlights new revenue streams PALO ALTO, Calif., May 18 (Reuters) - Financial analysts who attended a meeting with Yahoo! Inc.(NasdaqNM:YHOO - news) executives on Thursday said the company highlighted several new ways it plans to grow revenue and expand into new business areas. They said Yahoo! placed particular emphasis on its new wireless services, its growing corporate services, and its already successful shopping business, which it plans to transform into a bigger money-maker by charging additional fees to participating merchants. ``They reinforced that they are entering the second big phase of growth,'' said U.S. Bancorp Piper Jaffray analyst Safa Rashtchy, who attended the meeting. ``Up until now, they have been focused on building a platform for Internet content. Now they will focus on really growing revenues.'' One big potential revenue source for Yahoo is its shopping service, which lists more than 10,000 merchants. Rashtchy said Yahoo! was for a long time focused on building an extensive merchant base, and has just recently begun charging many of those stores a commission on sales completed online. He also said Yahoo! plans to enter more partnerships with large corporations to help them build company portals on the Yahoo site. Many companies have begun to favour portals for posting employee information, over corporate intranets, finding it is more convenient for their workers to go through a site like Yahoo! that they already visit in the course of their work day. Yahoo! is also aggressively deploying its content over wireless devices like cellphones and is reviewing ways to monetize that content, through advertising and sponsorships tailored for the smaller screens. Piper Jaffray's Rashtchy predicts Yahoo! will be able to generate revenues from the wireless content much faster than it did with its PC content.