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Pastimes : Ask Mohan about the Market

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To: robnhood who wrote (15366)4/8/1998 5:11:00 PM
From: Bearded One  Read Replies (1) of 18056
 
Gonna be a huge internet stock rally tomorrow.
Yahoo reported 8 cents a share, 100% greater than estimates of 4 cents a share. That works out to a 0.33% annualized return on your investment. No matter.

You can get 8 cents a quarter by buying 6$ worth of a CD, but people would rather pay $100 for a share of Yahoo.
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