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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (4407)12/21/2000 3:54:19 PM
From: Bill Harmond  Read Replies (2) of 57684
 
From Briefing.com today 13:00 -- 14:00 ET : Yahoo! (YHOO) 26 5/16 -1/58: Prudential reiterates STRONG BUY rating and price target of $90. Despite the Internet Online Advertising Bureau report that total U.S. online advertising revenue was slightly less than $2 bln in Q3 which represents the first quarter that the industry has demonstrated slower sequential growth, firm estimates that YHOO's share of the U.S.online advertising market actually increased to 11.3% in Q3 up from 9.7% a quarter ago; says data reveals that YHOO is gaining market share from weaker competitors.
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