Inktomi Reports First Quarter Fiscal 2003 Results

Did Yahoo Pay Way To Much?

[seth_wilde]

The GAAP net loss from continuing operations for the first fiscal quarter was $24.4 million, or a loss of $0.15 per share

[money.excite.com...]

[mayor]

Web search services revenue, fourth quarter 2001 = $10.6 million.

Web search services revenue, fourth quarter 2002 = $9.9 million.

That's a real bummer, seeing how Inktomi reports they are the leading provider of OEM Web search and paid inclusion services, and providers to millions of users worldwide with the freshest and most relevant search experience, while ensuring that thousands of online retailers have their content constantly represented.

Seems like the beans didn't stack up that great when they raised the cost of paid inclusion from $15 per page to $25 per page over that period while opening the Trusted Feed floodgates. What do you suppose happened to all those PFI page renewals for the fourth quarter 2002?

[nell]

Over 400 of ours were not renewed.

[skibum]

YAHOO! must have some major plans for Ink or seen a gold nugget in their technology. 10m for selling out the searh results compared to many times that for keeping the results real and selling Adwords around them.... The latter seems to be better for everyone.

Nell, if you had 400 pages in the PFI program it might be worth looking into a Trusted Feed program. You could do it with around 250 pages on a CPC basis through PT or some other Trusted Feed vendor.

With 59.1 million in cash + revene from operations Ink may not have been too expensive at $1.65/share. How many shares did Ink have?