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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject3/7/2001 1:35:55 PM
From: Softechie   of 37746
 
Yahoo! Confirms Plans For 5 P.M. EST Press Release
07 Mar 13:33


NEW YORK (Dow Jones)--Yahoo! Inc. (YHOO) will issue a press release at 5 p.m.

EST Wednesday and hold a conference call at 5:15 p.m., a company spokeswoman
confirmed.

The spokeswoman declined to comment on the nature of the release.

Yahoo! shares remained halted in Nasdaq trading. They last traded at $21.94
before being halted at 9:37 a.m. Wednesday. The shares were halted after
Merrill Lynch & Co. said Yahoo! had canceled a Thursday presentation at
Merrill's Internet conference here, which begins Wednesday afternoon.

CNBC reported Yahoo!'s announcement "appeared" to be related to earnings
guidance.

-By Peter Loftus, Dow Jones Newswires; 201-938-5267;
peter.loftus@dowjones.com

(END) DOW JONES NEWS 03-07-01
01:33 PM
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