TITLE

Internet Ad Downturn: No One's Immune

AUTHOR(S)
Schachter, Ken
PUB. DATE
October 2008
SOURCE
Red Herring;10/14/2008, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article provides a forecast for revenues of Internet companies Yahoo, eBay and Google in the third quarter of 2008. UBS Internet analyst Benjamin Schachter cut revenue and earnings per share estimates for all three companies. While Google is relatively better positioned than the others, Schachter predicted that third-quarter results would come in slightly below consensus forecasts in part because of a deteriorating advertising trend in Western Europe.
ACCESSION #
36602996

 

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