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The Internet sector will step into 2008 with a tail wind, thanks to continued strong growth in online ad spending.
But competition should accelerate as a growing number of players vie for for a share of ad dollars. In the process, the fate of individual companies will be increasingly tied to their own technology and maneuvering. The sector as a whole will not be as important to each company.
Investors should expect brutal turf wars as the flood of ad dollars shifts online. ...
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