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Revenue expectations slashed; Koogle to step aside

By CNET News.com Staff
March 8, 2001, 1:40 p.m. PST

Shares of the leading Net portal drop after it warns revenue will fall far below expectations as the online advertising market dries up.

Analysts: Shares still too steep
update Analysts say the Net portal's stock is still too pricey considering 2001 earnings will fall substantially lower than expected.
March 8, 2001, 1:40 p.m. PT  
Yahoo warning? Whatever
news analysis The portal's woes are about as ho-hum as the fictional 5 feet of snow the northeast was supposed to see this week.
March 8, 2001, 5:40 a.m. PT  
Yahoo throws a one-two punch
update The Internet bellwether shocks the street with news that CEO Tim Koogle is stepping aside, while revenue will fall well below expectations.
March 7, 2001, 4:05 p.m. PT  
Koogle hard to replace
profile Analysts say the CEO's unflappable character and steady gaze have always been in sharp contrast with other executives in the Silicon Valley.
March 7, 2001, 5:45 p.m. PT  
Online ad health in question
After the second straight quarter of earnings concerns, all eyes have returned to the health of the online advertising market.
March 7, 2001, 6:25 p.m. PT  
Stock turnaround not on horizon
The portal's earnings warning kills lingering hopes among investors for a quick turnaround, with analysts pushing back their timeline for recovery.
March 7, 2001, 5:40 p.m. PT 

 

Yahoo plans to thwart "coercive takeover tactics"
The leading Web portal adopts a shareholder rights plan to deter a hostile takeover of the company.
March 1, 2001, 6:30 p.m. PT  
The heat is on overseas
As questions about Yahoo's future mount on Wall Street, doubters are probing another sore spot in its operations: international growth.
February 20, 2001, 3:10 p.m. PT  
Ad gains seen ahead--in the long term
Q&A Yahoo Chief Executive Tim Koogle says the market downturn hasn't caught his company unawares.
January 11, 2001, 10:45 a.m. PT  



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John Corcoran, Internet analyst, CIBC World Markets

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