10-09-2008, 12:16 PM
Quote: The Wall Street meltdown will slow the growth of e-commerce and online advertising through 2010, predicts San Francisco-based stock analyst Sandeep Aggarwal of UK investment bank Collins Stewart LLC.
"Though we believe that both Net advertising and e-commerce companies will continue to see secular shifts online and the Internet will continue to be one of the fastest-growing sectors, the sector is exposed to slowing growth due to a bleak macro economic outlook," Aggarwal wrote last week in a note to investors...
full article: http://www.internetretailer.com/dailyNews.asp?id=28057