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(Continued)     The RFS Newsletter, Sep. 23, 2006. Page 5
In other news, on Wednesday Yahoo's board said it expects third-quarter revenue to be at the lower half of its forecast range due to a cooling off period from two of its largest advertising divisions, sending its stock down as much as 12.9 percent. Yahoo's news sparked worries over other Internet companies that rely mostly on advertising, including Internet search leader Google. The news also helped send U.S. stocks lower as some analysts questioned whether Yahoo's comments signaled a slow-down for consumer demand that could hit the overall economy.

On Sep. 18, Dow Jones & Co. cut its 3rd quarter forecast due to softer advertising at the Wall Street Journal. Yahoo has seen a little bit of weakness in the last few weeks in auto and financial services advertising, CFO Susan Decker told investors at a Goldman Sachs media conference. "It's now a new trend. It's been two to three weeks and we don't know yet if it's an initial indicator of a broader slowdown," Decker later told reporters at the conference.

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