So, Yahoo! is profitable, according to its accountants. They have singlehandedly breathed life enough for another lap into the hope (or rather, the dream) of the 'new economy.' As a trader, I find that to be interesting news.
As a consumer and a citizen, the story is even less exciting. Yahoo! has apparently pulled some black ink out of its hat, in part by selling popup ads. Ads that popup anytime I check my email, which I do frequently. Ads that are so annoying, and so interfere with the function of my computer, that I'm considering abandoning my Yahoo! email accounts altogether.
So put off am I, that, no, I wouldn't pay $9.95 a year to stop the ads. Paying that anecdotal extortion fee won't stop all the unsolicited garbage that Yahoo! allows into my email boxes. And who knows what other clever ways they'll find to stick ads in our faces, since it seems to pay them to do so? Not to mention what sort of data they are gathering and selling.
Those with vested interest, like corporate insiders, and the poor souls who bought the stock for more than a hundred dollars per share, might think a popup ad deluge is a small price to pay for the sight of some daylight on the monthly statement. But, my cable ISP email account is marvelously efficient, works with Microsoft Windows seamlessy, allowing me to send just about any file to anyone I'd like to in the simplest way possible. This is paid for anyway by the cable service charge. I have never received an obscene or mass marketing piece in that account. Competition is a marvelous thing for the consumer.
I doubt that I am the only one who had hoped that there was much more to the new economy than obnoxious ads aimed at base motives. Truly, there is nothing new under the sun.