Monday, September 8, 2008

JP Morgan Internet Forecast ---> Down a Bit

So, no surprise, Wall Street is lowering its 2008 forecast for Internet growth a significant amount. Specifically in this case, JP Morgan:

Specifically:

Graphical: 20% to 14%
Search: 32% to 27%

So, not cause for a party, though I point out that in most industries these kinds of growth rates would make people dance with glee.

Still, it does show signs of some maturation in our business. Read more details in MediaPost.

Thanks for reading, and don't forget to write.

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