Justin Post
Justin Post
guidance hard negatives
Excluding guidance, 4Q negatives were hard to find, in our view.
billion competition expect further internet technology
We expect further escalation of Internet technology competition in 2006 to $2.7 billion up from $1.9 billion in 2005.
arts compelling electronic expect holiday versus
We expect Electronic Arts to have a compelling holiday lineup versus its peers, which should be a catalyst.
content continue ebay expect invest margin pose risk street technology
We expect Amazon, eBay and Expedia to continue to invest in technology and content in 2006 -- which could pose a near-term risk to 2006 street margin expectations.