posted on February 16, 2001 10:49:37 AM new
YHOO in the news again.
An excerpt:
Speaking at the Goldman Sachs conference, Yahoo! CEO Tim Koogle pitched the idea that the company is moving quickly to maneuver its huge audience toward paid services ...
The market liked what it heard, pushing Yahoo! today to close higher, up $2.81, or 9.9%, to $31.31.
posted on February 16, 2001 01:49:30 PM new
As Yahoo! quickly maneuvers it huge audience into paid services, I look for its shareholders to just as quickly find out the true value of the Yahoo! brandname.
posted on February 16, 2001 04:31:02 PM new
outoftheblue, I think you're right....YaWho will soon begin charging fees for PayDirect, and it will fall flat on its face.
Why?
Because the PayDirect software is STILL full of glitches. I cannot COUNT the number of buyers I've had who tried to pay me through PayDirect but were unable to because of problems with the interface. Most frustrating of all is when buyers THINK they've paid me (their PayDirect accounts show that they have) and MY PayDirect account shows no sign of the payments.
Were YaWho to make PayDirect a method of accepting payments through Yahoo Merchant Stores, rather than the outrageously expensive merchant account they now offer, more dealers would pay for Yahoo Stores (UNLESS, of course, they make PayDirect outrageously expensive, too).
