Henry Blodget
Henry Blodget
Henry Blodgetis an American businessman, investor, journalist, and author...
likely multiple parties
Settlement talks, if any, will likely be very complex, with multiple parties involved.
believe calls companies create creating disney entity few given global integrated internet investment likely looking media number powerful received similarly strong whether within yahoo
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 global integrated media and Internet competitor, we believe other media companies will be looking to create similarly powerful internet strategies.
although compete conclusion expected free microsoft slightly terms
Our preliminary conclusion is that, although Microsoft is not out of the woods, it will be slightly more free to compete on its own terms than we expected it would.
size
If any mega-merger of this size can work, this one can.
behind given left looking people start stocks
Given what these stocks have done, the people who are left behind start looking for other opportunities.
case possible proceed settled talks
If the talks proceed well, it is possible the case could be settled by the end of the year.
aggressive billion calling case earnings imagine per revenue
We can imagine an aggressive case calling for $2.7 billion of revenue by 2005 and $2.34 in earnings per share.
business leadership market model remain
We remain enthusiastic about eBay's business model and market leadership position.
adding advertising believe cautious continue money online percent quarter remain second stocks therefore toughest until
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.
advertising appears believe continue market online remain
The online advertising market appears to be stabilizing, but we believe it will continue to remain challenging for the foreseeable future.
although appreciation believe companies continue internet leading potential remains risk stocks stress strongly upside volatility
We continue to think there is long-term upside potential for the stocks of the leading companies in the Internet sector. Although we acknowledge the potential for appreciation over the intermediate term, we strongly believe that volatility remains a significant risk over this same timeframe and we would stress the long term.
advertising continue despite looking online possible upside weakness
We continue to think some upside is possible to these estimates, despite weakness in the online advertising market. We are not looking for as much upside as in the past, however.
advertising believe continue downside good next result six stock three
We continue to believe Yahoo! will make a good long-term investment. As a result of the challenging advertising environment, however, we believe the stock could see significant downside in the next three to six months.
believe blocking continue legal
We continue to believe that there is no legal or competitive justification for blocking the deal.