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Word: yahoo! (lookup in dictionary) (lookup stats)
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...hagglers who passionately bid for everything from stereos and cruises to a Coke bottling plant and the historic town of Johnsonville, Conn. Bezos' is just the latest firm to recognize the Web as the perfect medium to match buyers and sellers in a capitalist free-for-all: Net portal Yahoo rolled out an auction site last fall, and America Online just struck a partnership with industry leader eBay...

Author: /time Magazine | Title: Now It's One Big Market | 4/12/1999 | See Source »

...overpaying at these electronic garage sales is the consequence of being too enthusiastic--just as it is with the old-fashioned kind. Caught up in the competitive frenzy of an auction, many people don't know when to fold their cards. Says Tim Brady, vice president of production at Yahoo: "Anybody who's the least bit competitive hates to be outbid." And that's why sellers, and investors, love it so much...

Author: /time Magazine | Title: Now It's One Big Market | 4/12/1999 | See Source »

...their stock price sacrificed to the earnings gods. What this country really needed, said the pundits and business professors, was a group of CEOs who had the guts to go long. Now, at (long) last, a new generation of managers, like Jeff Bezos of Amazon and Tim Koogle of Yahoo, Steve Case of America Online and Tom Jermoluk from @Home, has emerged to do exactly that, through aggressive acquisition strategies, massive infrastructure spending and expansion at a clip that would make old-line companies get motion sickness. These young chieftains have shown a true disdain for the next quarter...

Author: /time Magazine | Title: Long-Term Carping | 4/12/1999 | See Source »

Wrong! By eschewing near-term profit, these outfits are building brands that could be worth many times their current prices. Yahoo, which this week announced its purchase of money-losing Broadcast.com right on top of acquiring money-losing Geocities, is managing for a world that doesn't even exist and may not for years, a world of thousands of intertwined communities in constant contact over the Internet...

Author: /time Magazine | Title: Long-Term Carping | 4/12/1999 | See Source »

...Yahoo! deal,? says Baumohl, ?is yet another indication that the company intends to use the enormous financial leverage of its highly valued stock to keep expanding. Yahoo! is now in a position to buy what it wants, and it couldn?t let this deal pass by.? The big Internet players, including the likes of America Online and Lycos, are in a race to strategically position themselves at the crossroads of computer, TV and telelephone information services. And so as long as investors are willing to pay for their high-priced stocks, the companies are willing to pay for high-priced...

Author: /time Magazine | Title: Media Mergers: CBS and Yahoo! Go Shopping for the Future | 4/1/1999 | See Source »

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