America On-Line: will it survive ...? Message Board

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Technology Stocks : America On-Line: will it survive ...?

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To: Harry Larson who wrote (4978)	10/9/1997 11:34:00 AM
From: Todd Daniels	of 13594

10/09/97 Yahoo Inc. Cut to 'Hold' at NMSI Princeton, New Jersey, Oct. 9 (Bloomberg) -- Yahoo! Inc. (YHOO US) was downgraded to ''hold'' from ''buy'' by analyst David B. Readerman at Nationsbank Montgomery Securities. The downgrade was on a price basis. Yahoo comes out with sparkling, real, and clean results and gets cut. That no one has cut AOL on price basis (per their own targets) is telling as it is shameful. Of course, "The Reiterator" views the 40X forward price/sales ratio differently: 10/09 Yahoo Inc. Reiterated 'Strong Buy' at Cowen & Co. Princeton, New Jersey, Oct. 9 (Bloomberg) -- Yahoo! Inc. (YHOO US) was reiterated ''strong buy'' by analyst Jamie Kiggen at Cowen & Co. The 12-month target price is $70.00 per share.

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