The big question mark remains the long-term sustainable growth rate, especially with continued deceleration of U.S. business.
More Quotes from Henry Blodget:
We continue to believe in the long-term growth of online advertising. Near-term, however, we don't believe the market will bottom until the first quarter. We estimate only single-digit year-over-year market growth in the first quarter.Henry Blodget
We have received a number of calls on whether a combination of Yahoo and Disney would make sense. We believe an investment would be much more likely. Given that AOL-Time Warner is likely to be a real entity within a few weeks, creating a very strong globa
Henry Blodget
We would therefore remain cautious about adding new money to online advertising-driven stocks until the first or second quarter, when we should have better visibility. We continue to believe that the first quarter will be the toughest quarter, with only 10 percent year-over-year growth.
Henry Blodget
At the same time, however, we continue to be discouraged by one basic trend a steady increase in our loss estimates without a correspondingly large increase in revenue or profitability estimates.
Henry Blodget
We contend AOL Time Warner is powerful enough that it won't go gently into the night (unlike Novell, WordPerfect, Lotus, Netscape, et al). We do believe, however, that developments between the two companies over the next year or two will have significant bearing on the long-term direction of the industry.
Henry Blodget
The environment continues to worsen versus our expectations, and we continue to think the seasonally weak first quarter will be the toughest quarter in terms of year-over-year growth. We also continue to expect the market to strengthen in the second half of the year, when the impact of the dot.com bubble has worked its way out of the system.
Henry Blodget
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce QuotesBased on Keywords: deceleration
The great gift of Easter is hope - Christian hope which makes us have that confidence in God, in his ultimate triumph, and in his goodness and love, which nothing can shake.
Basil C. Hume
In the total expanse of human life there is not a single square inch of which the Christ, who alone is sovereign, does not declare, 'That is mine!'.
Abraham Kuyper
More Americans are working today than at any time in history.
Roger Wicker