Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (17686)	9/12/2000 3:17:52 PM
From: Perspective	Read Replies (1) of 436258

Why aren't we hearing more about this? dailynews.yahoo.com In recent weeks, many online media companies whose revenues depend heavily on advertising, such as Yahoo Inc. (NasdaqNM:YHOO - news) and advertising firm DoubleClick Inc. (NasdaqNM:DCLK - news), have come under pressure amid concerns about a near-term slowdown in dot-com advertising. In fact, advertising spending on the Internet fell 7.6 percent in August from July, marking the first monthly decline this year, according to a report released Monday by AdZone Interactive. I don't think it should come as a surprise to anyone, but this is what I've been saying since last October - not only is growth going to slow for the Nutz, we are likely to see a recession/depression for them thanks to the size of their mania and the carelessness with which money was thrown at the sector in 1999. And Yayhoo still trades for 250 times earnings? BC

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