Wednesday, December 31, 2008
Domain Parking Delt Final Crushing BLow
In a fascinating series of reports today, new Canaccord Adams Internet analyst Jeff Rath takes a close look at the Internet advertising sector, and concludes that the CPC model is more vulnerable than some people might believe. Rath launched coverage today on 7 Internet stocks today, starting 5 of them with Neutral ratings - Google (GOOG), IAC (IACI), Marchex (MCHX), Local.com (LOCM) and Answers Corp. (ANSW). He has a Sell rating on ValueClick (VCLK), and his sole Buy rating on BankRate (RATE). Is the search ad business in TROUBLE?
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1 comments:
Owen - This analyst is about 6 months too late. But then again if you agreed with his findings you wouldn't be parking your own domains.
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