"Significantly overstated," is how Demand Media (DMD -9.6%) describes reports of sharply lower...

|By:, SA News Editor

"Significantly overstated," is how Demand Media (DMD -9.6%) describes reports of sharply lower traffic to its flagship eHow site in the wake of changes to Google's search algorithm. Stifel Nicolaus sees just a 3% hit to revenue from the reduction in hits.