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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.22+9.6%Oct 31 9:30 AM EST

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To: GST who wrote (113874)1/2/2001 1:02:02 AM
From: craig crawford  Read Replies (1) of 164684
 
I guess William and I both disagree with you about how bad business is for YHOO. We both believe YHOO will grow much faster than the 20% you are predicting. Now, I believe YHOO can grow faster than 20% and still see it's stock price suffer some more, just because of the bad taste in everyone's mouth. That will be hard to overcome.

That is why I haven't proclaimed any kind of ultimate bottom for YHOO, and have only placed a short-term bet on the oversold, overly negative, and overly shorted action in YHOO. I'm also more bullish on YHOO around 25 or so. At 30 YHOO stock is 25% higher, and in a market like this 25% is a big return for a whole YEAR, whereas 1 year ago people were disappointed if they didn't get a 25% move out of YHOO in one day!
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