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COPYRIGHT 2006 Ziff Davis Media Inc.
NEW YORK (Reuters)--Google Chief Financial Officer George Reyes on Feb. 28 said advertising revenue growth is bound to slow, sparking a sell-off of as much as 13 percent in the Web search leader's volatile stock.
Reyes told an investor conference that Google's growth will depend on factors such as further audience gains, increased spending by advertisers or moves into new markets instead of counting on improvements the company makes in its Web search advertising business, which drives over 97 percent of sales.
"Most of what is left is just organic growth," Reyes said on a Webcast from the Merrill Lynch Internet Advertising...
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