Henry Blodget

Famous quotes by Henry Blodget:

"We have received a number of calls on whether a combination of Yahoo and Disney would make sense. We believe an investment would be much more likely. Given that AOL-Time Warner is likely to be a real entity within a few weeks, creating a very strong global integrated media and Internet competitor, we believe other media companies will be looking to create similarly powerful internet strategies."

"We continue to believe that there is no legal or competitive justification for blocking the deal."

"We are simply exhausted by the endless postponement of financial gratification - and we think other investors are, too."

"It looks like a bubble, but the underlying trend is too powerful to ignore."

"The majority of today's pure-play Internet companies will never make money and will not exist in three-to-five years. There will be a lot of consolidation and a lot of failure, and ultimately valuations will fall more in line with historical norms."

"We do not expect significant upside to our estimates. As we have said before, we believe the company is going through an awkward transition from a hyper-growth, revenue momentum story to a long-term growth and earnings story. Despite its growing pains, we continue to believe long-term, patient investors will be rewarded."

"Thus, we regard the ruling as an incremental positive for the stock."

"Our preliminary conclusion is that, although Microsoft is not out of the woods, it will be slightly more free to compete on its own terms than we expected it would."

"We can imagine an aggressive case calling for $2.7 billion of revenue by 2005 and $2.34 in earnings per share."

"Near-term, in a market environment in which investors are fleeing to quality, its stock could continue to do well. Our analysis, however, suggests that the company's long-term earnings growth is likely to be slower than the 15 percent to 20 percent consensus."