Technology >> Analyst Interviews >> February 17, 2003

Outlook For Online Advertising: Richard Fetyko – Kaufman Bros Lp

Richard Fetyko, an Analyst at Janney Montgomery Scott LLC, covers the Internet infrastructure and software sectors, focusing on companies that extend the use of the Internet and digital technology to provide new applications and services. Mr. Fetyko joined Janney Montgomery Scott in June 2011 from Merriman Capital, Inc., where he was a Senior Equity Research Analyst for more than seven years covering Internet media and infrastructure sectors. Mr. Fetyko also spent two years at Kaufman Bros. LP as an Equity Research Analyst following digital media companies, and two years at Hoak Breedlove Wesneski & Co., also covering digital media. Before that, he spent four years as a System/Programmer Analyst at MidFirst Bank in charge of designing and implementing Web-based business applications and software. Mr. Fetyko received his MBA in finance from The University of Oklahoma and his undergraduate degree in finance from the University of Central Oklahoma. He is based in New York. Profile
TWST: Would you start by telling us how online advertising

spending did in 2002 and how the stocks reacted?

Mr. Fetyko: 2002 was another down year for online advertising in

total, which