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Goldman Sachs' Global Internet Notables Summary

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Goldman Sachs has published a research report on Global Internet Notables for the week of October 11, 2010.

In the report, Goldman Sachs writes "For the week ending Monday, October 11, 2010, the market-weighted Internet average increased 1.7% week over week, underperforming the NASDAQ, up 2.5%, and the S&P 500, up 2.5%. This report contains news from the latest week and a valuation summary. At a dinner we hosted with the co-founders of three digital media agencies, most agreed that September ad spend and advertiser sentiment was a bit softer than expected. Nevertheless, spend increased at least high teens yoy, decelerating slightly from 2Q, and generally in-line with our +18% yoy estimate for Google's ad revenue. All agreed that advertisers postponed budgets from September with the intent to spend heavily in 4Q."

Companies related to this report include:

Baidu (NASDAQ: BIDU) (Buy)
EarthLink (NASDAQ: ELNK) (Neutral)
Google (NASDAQ: GOOG) (Buy)
Monster Worldwide (NYSE: MWW) (Sell)
New Oriental Education (NYSE: EDU) (Neutral)
Sohu (NASDAQ: SOHU) (Neutral)
AOL (NYSE: AOL) (Neutral)
eBay (NASDAQ: EBAY) (Neutral)
IAC (NASDAQ: IACI) (Buy)
Yahoo! (NASDAQ: YHOO) (Neutral)

Posted-In: AOL Baidu earthlink EBAY Goldman Sachs GoogleAnalyst Color Analyst Ratings

 

Related Articles (BIDU + AOL)

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