Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (141201)	4/1/2002 2:59:06 PM
From: H James Morris	Respond to of 164684

>>I take issue with the assertion that BH thinks like a venture capitalist -- this is far from the case. << Gst, I disagree with you here, but I've always enjoyed our debates. When BH told us he thinks like a VC, imop he was trying to tell us was YHOO, and eBay made up for all his other mistakes. BH, is an advertising guru. Make no mistake about it.

To: GST who wrote (141201)	4/1/2002 6:22:00 PM
From: H James Morris	Respond to of 164684

Gst, Kleiner perkins, and Jim Clark thinks like a VC too. Internet Making Steady Inroads Into Health Care NEW YORK (Reuters) - When Internet pioneer Jim Clark took his third brainchild public in 1999, he boldly pronounced that Healtheon would fast become the world's biggest company and 'fix the U.S. health-care industry' in the process. While he may have helped launch the Internet revolution with Netscape, Clark's grandiose design to gain control of the $1.5 trillion health-care industry via the Internet proved a pipe dream and his former firm, now WebMD (HLTH.O), has yet to show a profit. Btw Meanwhile, Yahoo shares put on 1.1 percent after Morgan Stanley's Mary Meeker issued an uplifting note on the Internet behemoth (YHOO: news, chart, profile), expressing her belief that there may be further upside in its shares. The analyst told clients she's more confident in the company's ability to generate long-term growth in marketing services and advertising revenue. See the Ratings Game.

To: GST who wrote (141201)	4/1/2002 8:44:59 PM
From: H James Morris	Respond to of 164684

>>Yahoo is experimenting with a premium paid service for online games as Web and game companies look for ways to make money from popular but low-profit advertising-supported games.<< news.com.com

To: GST who wrote (141201)	4/1/2002 8:57:25 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Last Update: 4:24 PM ET April 1, 2002 NEW YORK (CBS.MW) -- Analysts have been Wall Street's favorite fools the last few years, as many refused to abandon bullish recommendations even as the stocks they covered plummeted. E.piphany hit by sales warning Dow wobbles while Nasdaq mounts a comeback Morgan Stanley's Meeker sees opportunities for Yahoo Mary Meeker, Morgan Stanley's resident Internet bull, who was right up there on investors' "love to hate" list, was apparently unconcerned about that as she issued an April 1 report to reiterate her "overweight" recommendation on Yahoo. "We believe Yahoo may have overcome some of the biggest challenges of its turnaround and is now focused on the ramp ahead," Meeker told clients in the 69-page research report. "We are, at the margin, more confident in the near-and long-term outlook for Yahoo's fundamentals." Meeker's comments come as the company prepares to report first-quarter results April 17. She is forecasting earnings of 2 cents a share, in line with the consensus estimate of analysts surveyed by Thomson Financial/First Call. To reflect completion of the HotJobs acquisition, Meeker raised her full-year estimates to sales of $892 million for 2002 (at the higher end of the $755 million to $900 million range of analysts) while also lifting earnings and revenue estimates for 2003 and 2004. Read Net Stocks for more. Meeker said she thinks the breadth and depth of Yahoo's offerings to consumers, businesses and organizations -- and, therefore, its monetization opportunities -- may be "significantly" underestimated. "We believe that Yahoo has one of the largest and most steadily growing undermonetized user bases in the world," she wrote. "Yahoo's location and reach are there, but for the most part, the monetization hasn't been." In the near term, Meeker thinks the easiest monetization efforts for Yahoo would be derived from efforts in which the company provides value/services to vendors/users. Among the opportunities Meeker sees for Yahoo (YHOO: news, chart, profile) are the ability to generate long-term growth in marketing services and advertising revenue as well as significant non-advertising revenue streams. Most promising, she believes, are access fees, transactions revenue and small-business and consumer premium services. Impressive partners "We believe that the company's dot-com revenue risk has reached manageable levels, and we believe Yahoo's core value proposition to traditional advertisers is becoming clearer," she said. "Brand advertising, direct online marketing, market research and (most recently) direct pay-for-performance search are all potentially very strong growth drivers for the company." One of the most positive recent data points in that area is the promotional and market research deal that Yahoo announced with Fox Entertainment Group (FOX: news, chart, profile), said Meeker, who is expecting more such deals from the company. In the non-advertising arena, Meeker cites the company's co-branded partnership with SBC Communications (SBC: news, chart, profile), expected to be rolled out in mid-2002, which she believes could be the first of several such deals. With this potential, Meeker thinks Yahoo may have entered "a zone" where revenue growth could resume and then accelerate and margins could expand, resulting in "impressive" earnings and cash-flow growth. "The key point here is that Yahoo has embraced a greater level of tactical flexibility in its business units than it has in the past and, if this works, it should prove to be a good thing and also ramp revenue per user," she said. And, if these things do occur, Meeker sees further upside to Yahoo shares, which have more than doubled over the past six months. The stock finished the day up 21 cents at $18.68 Monday following Meeker's comments.