Echo To All

Online Ad Bubble: aQuantive Deal Makes No Financial Sense For Microsoft

i do not think a general statement of the 'online ad business being in a bubble' is correct. (at least I do not think Google's valuation merits such a statement.) I think the bubble is concentrated to the niche players capable of being aquired.

but the 2007 projected marketing spending is interesting, and maybe why google is trading at a discount.