Economics
Title: Economics
Category: /Literature/English
Details: Words: 492 | Pages: 2 (approximately 235 words/page)
Economics
Category: /Literature/English
Details: Words: 492 | Pages: 2 (approximately 235 words/page)
Eric Czachor 3/19/00
The Yahoo stock has taken a huge drop and has taken the rest of the stock market with it. The first quarter sales are set to be 40% off last year’s estimates. The stock is down 92 % from its peak, which was set on Dec 30, 1999. The Yahoo stock has been in a steady downfall since its peak.
There were also other drops in technology stocks. Cisco and Intel predicted big revenue drops and job
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that the people are using other site beside Yahoo and that they are becoming least interested in looking at ads. This is probably because people are becoming a lot more accustomed to the internet and no longer what these ads are. Or it could be that certain people are not using the internet as much as they used to. It that other internet corporations have also been suffering over recent times.
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**Bibliography**
time magazine