!!! YHOO IS NOT PATENTED PRODUCT, IT'S NOT PENTIUM !!! SPLIT? THAT'S THE LAST RESORT, BUT NO GUARANTEE THE EFFECT TO STAY AT THIS HIGH PRICE LAVEL. YHOO IS GOOD, BUT IT TAKES TIME TO BECOME "REAL", AS WELL AS THE COMPETITORS AND POTENTIAL COMPETITORS. AT&T CAN DO THE CREDIT CARD BUSINESS, STARTED 1991? OR 1990, FOR EXAMPLE, COULD AT&T ENTERS THIS MARKET WITH ITS RESOURCE?
NO BODY CAN TELL WHERE YHOO WILL STOP, MAY BE TOMORROW WE CAN SEE. IT HAS BEEN 30% FROM THE GAP, AND LAST FOR A WHOLE WEEK SINCE LAST THURSDAY. THE FEAR OF THIS HIGH PRICE/RISK IS STILL THERE, AND IS GROWING. IT CANNOT BE SUSTAINED THIS HIGH BY 4 MILLION, $0.08 EPS, EVEN IT COUNTS FOR A 60% EARNING GROWTH.
1. HIGH PRICE/RISK 2. NO BARRIER FOR COMPETITORS ENTERING THE MARKET, ACTUALLY THE ENTRANCE TO THE INTERNET MARKET IS WIDE OPEN, SO EVEN THE LEADER CANNOT GUARANTEE THE LOGN TERM PROFIT. !!! IT'S NOT A INTEL PENTIUM !!! EVERYBODY CAN DO. YHOO DOES THE BEST NOW, BUT, IT IS NOT A PATENTED PRODUCT.
I STARTED SHORT POSITION AT 128 1/4, HOPE TO SEE 115 TOMORROW, AND TARGETED $105 TO CLOSE HALF, THEN WATCH WHAT WILL HAPPEN FROM THERE.
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