To: Bill Harmond who wrote (1009 ) 7/14/2000 11:43:58 PM From: Libbyt Respond to of 57684 >Thank you, Yahoo!!< Since it sounds like Yahoo helped to buy your new home, I thought you'd like to see this article from The Bull Market Internet Investor - bull-market.com Internet Investor for Friday July 14, 2000 Volume 9, #3 YAHOO TAKES ON THE WORLD -- AND WINS by Kevin Prigel Related Stories: streetadvisor.com Yahoo (YHOO) reported impressive second quarter results, beating Wall Street estimates by 2 cents with earnings per share of 12 cents. Revenues were up 110% year over year and 18% sequentially. Strong key metrics boasted daily page views of 680 million, up 119% year over year, and 155 million registered users, up 245 sequentially. During the company's conference call, management was bullish about future growth prospects. Susan Decker, Yahoo's CFO, played to investor concerns by addressing the issue of dot.com failures and the havoc they could wreak on those companies whose revenues come from Internet players. She said the "definition of dot.com companies is graying" as the new economy is being brought into the old economy in various ways. Decker said this is not a Yahoo worry, however, because 25% of the company's revenues come from the business services and international divisions, in which the company has no dot.com exposure. Yahoo continued to see strong international growth in the quarter. 15% of 2Q00 revenues came from outside North America, and more than 40% of Yahoo's user base is now international. Management expects global users to become more and more brand loyal, leading us to believe there is still plenty of upside potential to Yahoo's international growth. A few more numbers that impressed: Gross margin at 86% Operating margin at 38% Record operating income of $102 million Cash and cash equivalents of $1.4 billion