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- narisa - Aug 06 2007 | yahoo, social, blog, social-networking
Quoted: Bear Stearns Internet analyst Robert Peck today wrote a lengthy piece which contends Yahoo (YHOO) urgently needs to figure out a social networking strategy, or risk being marginalized in some of their businesses. He thinks Yahoo is going to have to buy or partner with one of the primary players. Peck says that Yahoo has held talks at various times with Facebook, Bebo, Friendster and MySpace, but that when it comes down to it, we think the price tag is the ultimate factor for a transaction to materialize. Isn't it always. Peck goes on to to build a financial model ...
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