Yahoo! (YHOO) was up 10.5% in late trading after Merrill Lynch analyst Henry Blodget said it is a good time for investors who can tolerate risk to look at Internet media stocks.
AOL Time Warner
was up 2% and
was ahead 16.3% after being mentioned by Blodget.
The analyst also said
are "worth a look" for the long term. DoubleClick was down 4.4%. GoTo was down 5.7%.
announced that its managing director resigned to pursue other business interests.