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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (15662)11/22/1998 4:42:00 PM
From: Don Westermeyer  Read Replies (1) of 18691
 
AOL could make things quite difficult for YHOO, XCIT, etc. with this deal.

I wonder of the market really thinks YHOO is worth 5X the value of Netscape.

Of course using AOL's very expensive stock vastly increases the perceived value of the deal.
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