Yahoo! Loses 7.2% on Comments

Yahoo!

(YHOO)

was down 7.2% in midmorning, falling for the second consecutive day and reaching its lowest level in about two years.

Briefing.com

reported that

Morgan Stanley Dean Witter

analyst Mary Meeker said her revenue estimates for the next three quarters are conservative, but adds that there is a 30% chance of a miss.

On Monday, the Internet portal was hurt by a French court's ruling that it must bar French users from sites selling Nazi memorabilia.

TheStreet.com Internet Index

(DOT)

was down 0.8%.