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Technology Stocks : ZD Inc., Ziff-Davis (ZD)

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To: John Liu who wrote (822)5/28/1999 6:09:00 PM
From: Henry Hayashi  Read Replies (1) of 855
 
Unfortunately the magazine division is weighing them down like an iron anchor. Ad and sales revenues are down across the board. I doubt this is going to improve any time soon, especially now that you can get most of your technology and computer gaming news online. When they begin to derive more of their revenues from the internet and have a clearer game plan, then we will see price appreciation.

For the most part, investors don't know what to make of ZD at the moment. I have a feeling we will be treading water for a while.

Henry
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