The Internet Stock Chill?
If you happen live in Northern California, (and most of you don’t,) then you might have noticed that after a few days of scorching heat, the climes have become a little cooler. More seasonal as they say. Why you can even see some fog on the horizon! That is also the state of the Internet stocks.
Yahoo disappoints, eBay balances (aka spins) and now Amazon’s earnings drop. Google, like daytime temperatures stay hot. Nevertheless, do you think this cold front coming the way of Internet stocks is going to last?
Written by Om Malik on July 25th, 2006 with
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