OTOT:
Re Yahoo:
<<< What do you see happening to YHOO short term?>>>
Not much except oscillate around 170 or creep up a bit until a split is announced, when it should go up another 20 or 25. That would not be a high percentage increase, but I would buy the instant a split is( if it is) announced and hold till the split.
Something seems to have happened about Nov 2, when volume doubled, a possible leak???.
They have not split since last year, but AOL split this March
Otherwise its a pure gambol except for long term to participate in Web growth
Sorry, thats not much to go by, is it, and I could be very wrong!!(G)
Here is last earnings from Yahoo news:
By Andrea Orr
PALO ALTO, Calif., Oct 7 (Reuters) - Online directory Yahoo! Inc. Wednesday reported
another quarter of robust growth, helping restore some investor confidence to the volatile Internet sector.
Yahoo said it earned $16.7 million, or 15 cents a share, in the third quarter, up from $681,000, or 1 cent a share, a year
earlier. The earnings were also well above the 9 cents a share that most analysts had been forecasting.
Sales rose to $53.6 million from $18.1 million and traffic to its Web site surged to 144 million page views a day in October
from 115 million in June.
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