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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 691.72

-0.1%

4:00 PM EST

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To: Clint E. who wrote (17899)	10/8/1998 12:44:00 AM
From: Suresh	Read Replies (1) of 69811

Hi Clint, >> I saw that. 88% sequential growth in net income and only ~20% gain in the I guess you are in good mood....nice move buying yhoo. I missed it (seems to be my story for this quarter with yhoo) but you know well that what the street cares is really revenue growth and not the bottom line growth. Revenue growth sequentially is about 30%... So, my upside target is $130 for this run. To put it in another perspective... Rev for year ending 97 was 67.4 mil. Revenue for the first 3 quarters is 152 mil. Growth of 126%. Stock price at the end of 97... approx 34. Stock price now is 114 an increase of 235%... I guess street has rewarded it quite nicely. Later, Suresh

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