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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio
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To: RockyBalboa who wrote (805)7/7/2000 2:34:35 PM
From: Dale Baker  Read Replies (2) of 1766
 
The 85-90 range is the first resistance; it could go much lower if the Street really dumps it in a panic.

As Yahoo matures into an "old" media company relative to other Net players, the 100'sx multiples in price-sales and PE won't last. Eventually everyone has to ask why the multiples are so huge when growth has become predictable - even if growth is 30-50% for a few more years.

I would rather hold my puts than a long position in YHOO right now.
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