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NEW YORK Yahoo’s failure to grasp changes in Web user habits puts it at risk of following AOL as an early Web leader pushed into decline by fast shifts in the market, according a research analyst.
Safa Rashtchy, a senior research analyst with investment bank Piper Jaffray, sketched out the challenges facing Yahoo as an old-school portal in an increasingly fragmented, specialized Webscape in which users visit many different sites rather than one venue for all of their needs.
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