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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (30734)	10/8/1998 2:42:00 AM
From: robert read	Read Replies (1) \| Respond to of 94695

Yahoo's conference call looks bullish to me from press release: "Although online advertising has grown dramatically over the past year, Yahoo President Tim Koogle noted it still accounts for only a small portion of total advertising dollars. For this reason, he said he continues to see strong growth potential at Yahoo and many other Internet businesses. Because the Internet is still an immature market, he said online companies will be insulated somewhat from some of the problems plaguing the global economy. ''Most things don't expand infinitely forever,'' Koogle said in an interview after earnings were released. ''But if the estimates we've seen for growth are even close to accurate, there will be no lack of new people on the Web.'' ''We remain cognizant about any kind of slowdown in the economy, but in general we are seeing healthy growth.'' Yahoo, the Internet service of choice among office workers and a close second to America Online Inc. (NYSE:AOL - news) in the at-home market, has been something of a bellwether for the entire group of online businesses. Analysts say its continued strong performance in uncertain economic times could bode well for some of the other top players. Unlike companies in many other industries, most Internet businesses have little or no exposure in the weakest overseas markets."