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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (125788)10/11/2000 2:44:02 PM
From: Rob S.  Read Replies (1) of 1581587
 
Yahoo! and MOT are reflective of a slowing economy but also to specific trends in their businesses. Yahoo! is caught in the reality that web advertising is not as cherished as a loss leader and that results from ads continue a trend of decline. Web idiots just don't so care much for web ads and have little loyalty. Yahoo! now must actively market their ad programs rather than just take orders. It's much more of a buyers market. Growth of the Internet will continue but the rosy forecasts of analysts are likely to continue to trend down.

BTW, I sold some semi and other techs this morning. Probably will buy back soon.

MOT is still an over-managed company with lots of streamlining and product orientation issues. There is slowness in some of their key markets but they also continue to lose market share. MOT has several new products that may change that early next year but It's rivals, such as Nokia, aren't sitting still either.

It remains to be seen, but there may be enough pessimism in the tech stock market that good news becomes favorably received. That would stimulate a modest rally imo. But who knows if that will be the bottom for the period. Rallies going forward are unlikely to be as rapturous as the ones tech investors experienced last year.
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