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NYT4 - (NYT4) REDMOND, Wash. -- July 18, 2004 -- MSN-FUTURE -- Yusuf Mehdi, vice president of MSN, in a courtyard at the Redmond, WA., Microsoft complex on July 7, 2004. The butterfly wings are MSN's symbol. Over the last year MSN has finally started to see some profits. The reason has little to do with any of Microsofts more ambitious Internet strategies. Instead, it was one of the businesses that it had put on the back burner - Internet advertising - that really started to take off. (Annie Marie Musselman/The New York Times)

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