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Strategies & Market Trends : Contrarian Investing

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To: pcyhuang who wrote (612)10/28/2006 1:15:17 PM
From: t2  Read Replies (1) of 4080
 
Good call on Yahoo! This one is a win-win situation. If they get bought out, stock goes up; if they do a deal another internet stock, it still goes up. That is how I see it. I am going to re-think my position on Yahoo once it gets to 35. It should be there in a few weeks given how it reversed. A lot of the potential acquirers' stocks had big gains this year while Yahoo went in the other direction. That is what makes for takeover talk or rumors. I cannot imagine there would be no interest for this company at current prices. That gives me the 35 (near term) target.

It is the best non-speculative long opportunity in the market at this point, as i see it.

You got a nice message board here. Appreciate your trade ideas.
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