I think strategically it absolutely makes sense but its profit and loss impact remains unclear.
More Quotes from Youssef Squali:
Yahoo's branded business should benefit from a combination of volume and pricing growth, driven by the holiday shopping period and by continued migration of ad dollars online.Youssef Squali
This signals that the board plans for the company to remain independent as its attempts a turnaround.
Youssef Squali
The acquisition demonstrates once again the attractiveness of the content group to prospective buyers. We expect to see more deals in 2006, driven in part by the need of traditional media companies ... to play catch up online.
Youssef Squali
Anybody that looked at their balance sheet and at how much value they were placing on AOL understood there was a potential impairment charge there.
Youssef Squali
When you look at valuations, when ( AOL ) was trading below 30 per share, it was below its growth rate. Even for a normal company, this is an aberration and an established, bigger company should trade at a premium.
Youssef Squali
What we are not seeing is a clear indication for the 2002 revenue numbers and that will continue to be somewhat of a question mark.
Youssef Squali
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