Tuesday, October 12, 2004

Slump Interrupted?

I'm going to be working on Yahoo! today, which reports earnings after the close tonight (as does Intel). Interesting time for Yahoo!, who's earnings growth slumped last quarter, demonstrating the seasonality we saw across the Internet sector (i.e. Google and eBay) in the second quarter. Does it continue?

Also, the gutsy 'sell'" rating on Google American Technology Research's by Mark Mahaney is a sign that he doesn't think Yahoo's numbers will be too strong (although he conceeds in his research note that they won't be too weak).

We'll see. Check out my hits in the second hour of Power Lunch (10 am PT) where I'll take an in-depth look at Yahoo (including Yahoo's new home page and then live with earnings on the Closing Bell (1 pm PT) after the close of the market.
Posted by Hello