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To: GST who wrote (134954)11/19/2001 4:07:09 PM
From: Bill Harmond  Read Replies (1) | Respond to of 164684
 
Some cyclicality is baked in at present!

Plus, I don't know how cyclical web advertising will turn out to be going forward. Yahoo has suffered primarily from the dot-com shakeout. That's probably a one-time event. Network TV wasn't cyclical for the first 20 years...until it matured in the 70's.