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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST
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To: gfs_1999 who wrote (74731)4/11/2001 5:24:53 PM
From: Haim R. Branisteanu  Read Replies (3) of 99985
 
NASDAQ will hit bottom at 1000 or less if rational valuation would apply but again valuation is in the eye of the beholder ------ YHOO has a drop of 80% ($7.6 million v $60 million last year) in earnings and does not see a quick rebound and the stock rallies.

At 1cent earnings down from 10 cents last year same period ...... now, how you valuate this stock?
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