From Mary Meeker. Look on the bright side?
Despite fear and loathing in the markets, Morgan Stanley issued a report Wednesday, highlighting the upside to investing in Net stocks. "Given still strong 20-plus percent global growth in Internet users and usage, we continue to believe our stocks could outperform over the next 12 to 18 months," wrote Morgan Stanley. The report said that second-quarter results for EBay (EBAY: news, chart, profile), Yahoo (YHOO: news, chart, profile), Amazon.com (AMZN: news, chart, profile), Microsoft (MSFT: news, chart, profile) and Intuit (INTU: news, chart, profile) should be in line or positive. |