Kerry:
Have been, as noted earlier, more or less watching from sidelines, patiently waiting for this year-end rally to run its course. Nibbling earlier, but now taking up knife and fork for a meal. There is a solid distribution effort underway, and that gives me a bit of (probably misplaced) confidence, that it might finally be an appropriate time to tuck in.
YHOO has been in the gun sight for a while, but with the shorts taking a real bruising on it of late, I'm sort of delighted that I waited. One has to love a stock when the lambs pay 35 times REVENUE and an astronomical, PE for the tulip bulbs. Couldn't resist last week and of course immediately had head pushed underwater, but we'll stay with this one now and add if the enthusiasm remains exuberant. There are car dealerships in my local town that do more revenue per quarter, and that are more profitable. (g)
Another Netscape-type unravelling is highly probable
Best, Earlie. |
