BWS Finanial Sees Yahoo! Deal for AdStar (ADST)
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BWS Finanial comments on AdStar (Nasdaq: ADST), saying a Yahoo! (Nasdaq: YHOO) deal seems imminent following deal with Journal Register, announced yesterday.
Analyst Hamed Khorsand said, "Journal is also one of the larger newspaper companies that have teamed up with Yahoo . We would remind investors that ADST is working with MediaNews Group in providing call center services specifically related to the Hot Jobs relationship that YHOO has with MediaNews Group. We thus view the news with Journal as being an indication that a full fledge deal with YHOO could be in late stages given the progress that has been announced so far."
Analyst Hamed Khorsand said, "Journal is also one of the larger newspaper companies that have teamed up with Yahoo . We would remind investors that ADST is working with MediaNews Group in providing call center services specifically related to the Hot Jobs relationship that YHOO has with MediaNews Group. We thus view the news with Journal as being an indication that a full fledge deal with YHOO could be in late stages given the progress that has been announced so far."
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