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
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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%.
