Henry Blodget
Henry Blodget
Henry Blodgetis an American businessman, investor, journalist, and author...
believe factors likely maintain outweigh windows
We still believe that, over the intermediate term, these factors will likely outweigh controversy surrounding Windows XP, so we maintain our 'accumulate' rating.
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.
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.
advertising bottom continue environment expect longer months online originally quarter raise second
We expect the challenging environment for online advertising to continue into the second quarter 2001, three-to-six months longer than we had originally expected. Because of this, we are not able to raise our bottom line estimates.
baked continue impact launch modest therefore view weak
We continue to view OXP as a 'nice-to-have,' not a 'must-have,' especially in a weak economy. We have therefore baked only modest impact from the launch into our estimates.
aol average continues control cost flat hour increase last pays rate several spends user
Every hour that the average user spends online, AOL pays for it directly, yet the average user only pays a flat rate of $21.95 a month. So if usage continues to go up, AOL's cost continues to increase and this is something they've started to control over the last several quarters.
anytime believe continue few industry internet investor respect spoils
As the shakeout continues, we continue to believe that the Internet spoils will go to the few, not the many. As one investor we respect put it, anytime a new industry emerges, many turtles hatch, few make it to the sea.
believe company expect goal guidance hits low miss operating range stock withdraw
We also believe that some analysts are projecting that the company will miss the low end of the guidance range in Q3 and withdraw its goal of operating profitability in Q4. As a result, if the company hits the mid-point of the guidance range and reaffirms Q4 operating profitability, we would expect the stock to go up.
appeals believe company court existing given poor positive possible ruling sentiment time
We also believe such controversy, if any, would come at a poor time for Microsoft, given that the company is awaiting the Appeals Court ruling on the existing antitrust trial. As a result, we believe it is possible that this could put a damper on the positive sentiment surrounding the stock.