Friday, February 25, 2005
Google, Yahoo Shares Slip on Analyst's Ad Warning: "From Bloomberg News
Google Inc. and Yahoo Inc. shares fell Thursday after an analyst said prices for advertisements linked to Web search results had fallen 10% or more so far this quarter.
Falling demand for Internet ads in 2005 compared with the last three months of last year is driving down prices, New York-based RBC Capital Markets analyst Jordan Rohan wrote in notes to clients.
Retailers may have bid up the price of search-linked ads during the fourth quarter's holidays, Rohan wrote. The decline in prices may reflect a seasonal drop or longer-term slowing growth in the market, he said..."
Google Inc. and Yahoo Inc. shares fell Thursday after an analyst said prices for advertisements linked to Web search results had fallen 10% or more so far this quarter.
Falling demand for Internet ads in 2005 compared with the last three months of last year is driving down prices, New York-based RBC Capital Markets analyst Jordan Rohan wrote in notes to clients.
Retailers may have bid up the price of search-linked ads during the fourth quarter's holidays, Rohan wrote. The decline in prices may reflect a seasonal drop or longer-term slowing growth in the market, he said..."
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