A Happy New Year For Net Stocks

Analysts are jumping onboard – online advertising is poised for a huge year, they say, and YHOO and GOOG are responding in kind. From a Reuters story: Google gained as much as 5.15 percent and Yahoo rose as high as 3.3 percent in Nasdaq trading after Goldman Sachs increased…

HappyanalyAnalysts are jumping onboard – online advertising is poised for a huge year, they say, and YHOO and GOOG are responding in kind.

From a Reuters story:

Google gained as much as 5.15 percent and Yahoo rose as high as 3.3 percent in Nasdaq trading after Goldman Sachs increased its forecasts, citing strong Internet advertising trends. In a report, Goldman Sachs analyst Anthony Noto said that his firm’s recent talks with media buyers demonstrated that “the strength in online advertising demand did not appear to abate” in the quarter.

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