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Technology Stocks : America On-Line (AOL)

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To: Brian Sullivan who wrote (40724)3/14/2001 8:26:44 PM
From: ANANT  Read Replies (2) of 41369
 
Blodget sees declining ad market in 2001 March 14, 2001 02:30 PM ET by Matt Berg

upside.com

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upside.com
Executive departure, negative report hurt Yahoo

Excerpts from articles.
Singh's departure wasn't the only bad news for Yahoo today. Merrill Lynch analyst Henry Blodget issued a research note predicting that Yahoo's archrival, AOL Time Warner (AOL), would grow market share from 38 percent in 2000 to "an amazing 45 percent" in 2001, while Yahoo's share would dwindle from 16 percent to 11 percent thanks to "a fall off of long-term contracts and a weak spot [advertising] market."

Blodget saw AOL Time Warner growing revenue 32 percent and Yahoo experiencing a revenue decline of 19 percent
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