FYI: When Internet stock analysts at brokerage Morgan Stanley wrote their 2001 investment outlook in December 2000, they laid out glowing assessments of the future for Yahoo Inc. and rival America Online..
There would be "a few huge winners" in the long run among Internet names, and Yahoo and AOL fit the bill, Morgan Stanley said. The companies had "huge market opportunities, great management teams, good products that are constantly improved, and strong balance sheets."
Regards,
Ted
http://www.latimes.com/business/la-fi-investing-quarterly-20141005-story.html#page=1