Demand Media (DMD +12.3%) remains up sharply following its Q3 beat. Goldman (Neutral) is...

|By:, SA News Editor

Demand Media (DMD +12.3%) remains up sharply following its Q3 beat. Goldman (Neutral) is slightly lifting its PT, and is encouraged by the company's improving IRR. However, Henry Blodget isn't impressed, noting Demand Media only turned a profit by treating content costs as a capital investment - something almost no other media company does.