Check out Yahoo! (YHOO) today, they will now be the exclusive provider of search ads at MTV.com, Nickelodeon.com and other sites run by Viacom Inc. (VIA-B).
The deal initially covers 33 Viacom sites, which also include VH1.com, ComedyCentral.com and BET.com, and has the potential to expand to more than 140 others provided they don’t screw it up and Viacom calls their pals Google (GOOG) to fix the mess. 
The ads will be powered by Yahoo’s newly launched search marketing system, known as Panama. Which as you know was a killer Van Halen tune, relive the memories via YouTube friends.
Quite the week already for Yahoo! when yesterday they announced the SanDisk (SNDK) Sansa Connect – a new Wi-Fi-enabled portable MP3 player. Of course the Sansa is loaded with Yahoo services such as Yahoo Messenger, Yahoo Music and Flickr.
YHOO shares have been moving up steady since October 06 with a nice 30% positive return. Finally YHOO shares are trading in the low $30’s after being punished by Google and other competitors for the past few years. So, with all the good news, we’ll just wait for all the analysts to get on board and watch the upgrades come in.
The Masters consider shares of YHOO expensive, trading with a P/E of 61, but we must all keep in mind they are a search/internet company. None the less, it sure feels like the good news is already baked in the current share price. If they can keep the momentum and come away clean on the upcoming conference call on April 17th, YHOO could see a new 52-week high. It’s looking better for YHOO and you may recall Cramer talking up their stock for the past year now. It’s game time for Yahoo! next week and if they can pull it off, it’s big money baby. Otherwise they’ll be trying to put the band back together like Van Halen, how can Eddie and David not get along tojust make some cash? Van Hagar or Van Halen, hate to say it but these days the only one that still has it is Sammy, the dude rocks.
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