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Yahoo profit down 18.6 per cent

Reuters

Net revenue short of lowered Wall Street expectations, but CFO says 2008 outlook unchanged ...Read the full article

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  1. Hornsworth Portswiler from Canada writes: Yahoo has to find it's niche. I think they could do well as a totally open data/platform company, more than Google. There are a lot of open source/data fans out there (look at Wikipedia), this would give them a place. Microsoft buying Yahoo would have been disastrous to this end, they would proprietize and absorb the company as quickly as they could.
  2. John Davies from Toronto, Canada writes: The company will do well in the long run. I am sure that this year will be tough but expect better returns in 2009. Some of the products that Yahoo is developing look pretty promising.
  3. R M from Regina, Canada writes: BWAHAHA... It's like they were on a burning wooden ship, and the coast guard came with life rafts and half-way between the two boats, the captian said: "That's OK, we're fine." And so the coast guard left. But the problem is: The S.S. Yahoo is still on fire. Burn baby burn.

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